Re:China quietly sets new 'buy Chinese' targets for state co...
by mbrodersen on Wednesday August 04, 2021 @10:05PM
(#28068925)
Don’t forget the US. The US benefitted from massive import restrictions in its early history. It only lowered the walls when it became competitive. Which was smart (by the way) and is what successful countries have historically done. Countries that didn’t protect themselves were crushed by international companies overpowering local companies.
South Korea, Japan, Taiwan and China are all huge success stories due to protecting nascent industries while they caught up with more industrialized states.