Once here on HN someone wrote like: "democratic systems seems to be too slow to adapt in world changing at our current speed".
China did some vey wise decisions from their perspective; think about this joint-venture thingy that foreign companies need to have a JV partner which always holds at least 50.1% - very clever! Why did no western state do this? Its one of the by far smartest decision that you could do.
Now people claim they stole their IPs through JVs and that's why they are good at making EVs, this theory doesn't add up.
Also, what China offered is a vast untapped market, no one forced these companies to go to China to set up JVs and start picking up gold down the street, this was way before WTO and China was not at all obligated to open it's market, let alone for free.
Now ask one question, what the EU has to offer to "force" China to set up JVs? Guaranteed billion dollars profit?
EU car market is crowded and full of incumbents, Chinese cars represent a low single digit market share despite the weekly "China is taking over the EU car market" news article.
Countries hitting their industrialization stride have a bloom of real world applicable talent that they can direct to these things in a way that is a little harder for others. Especially when you have a huge population.
Air pollution was also a huge problem, aside from national security. China's empahsis on STEM and the fact that they've been a huge source of engineering/science/tech talent meant China could just tap its own human resources rather than making them go abroad for decent jobs. The fact that they also know how to build things and have set up all the infra for that is just another bonus.
China is willing to play ball in less developed countries, and the deals they setup is not just Chinese companies coming in and dominating the market, they are also partnering with and trying to raise local companies as well. That won't work in Europe or the US, at least for now.
The whole Belt and Road initiative seemed to mimic a Korean style labor export to increase the inflows of currency into the country while keeping people employed, but I also kind of figured it was aimed at reducing the friction of future resource transportation between the countries.
This isn’t cope. China has virtually no cultural exports of note compared to its size, except some gacha games (that are still mainly voiced in Japanese, which does have cultural exports). Every time I visit, I have to accept that my internet is going to be ridiculously unreliable and throttled and flaky.
I’m not saying China is “wrong”, but it’s not the obvious winner to me. Nor is it to my Chinese-born spouse who moved here for the greater opportunities and freedom.
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Kids in America are hopelessly addicted to Tiktok but that doesn't count as a cultural export.
Most the items in people's homes are made in China but that doesn't count either.
Chinese rappers could be dominating the pop charts and we would just say rap was invented in America so that doesn't count.
All the American kids could be learning to play the guzheng and we would just say we invented a new American style of playing the guzheng, doesn't count.
Sure, let’s harden IP and other trade laws, and punish China for violations (start treating them as an adult, a nation peer, instead of a rowdy child). But giving up our strategic advantage because China was able to semi-copy-us without having that advantage would be a huge mistake imo. I’m not saying America doesn’t need major changes, but I don’t think the way forward is to close our borders to global talent. Instead, let’s take advantage of our superpower status to implement UHC and UBI, to make our nation even more attractive to talented immigrants.