, Columnist
China’s Made in 2025 Plan Is a Paper Tiger
The country’s a long way from achieving its targets; staying open to foreign competition is a better way to climb the technology ladder.
China’s high-tech ambitions need to wake up.
Photographer: Qilai Shen/Bloomberg
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China’s industrial ambitions have the U.S. on edge. But what has actually come of its plans for global technology domination?
Beijing is considering delaying targets in its “Made in China 2025” program, Bloomberg News reported last week. The roadmap, which seeks to advance domestic production of critical technology, has been a key bone of contention in President Donald Trump’s trade war. Other reports said China may replace the program altogether and give foreign companies more access to its market.