The Chinese Economic and Trade Challenge to the West: German and U. S. Perspectives

China has long yearned to become self-sufficient and globally competitive in advanced technologies, and has invested heavily in industries ranging from electric vehicles and robotics to aerospace. In order to achieve this goal, China has employed a number of questionable trade practices, including forced technology transfers, massive state subsidies, and targeted acquisitions of foreign technology companies. These goals and policy practices present a major challenge to Western manufacturing and high-tech sectors. On February 7th, Hudson hosted a panel to discuss its new report, Chinese Economic and Trade Challenges to the West: Prospects and Consequences from a Perspective. The report outlines strategies for Germany, the United States, and their allies that promote cooperation to counter the unique challenge of modern Chinese mercantilism. The panel includeed Dr. Jurgen Ruttgers, Chairman of the European Commission’s High Level Strategy Group for Industrial Technologies; Dr. Kent Hughes