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More on China and the US

Summary:
So, if there is a reason for concern regarding China in the US, it is definitely the use of their developmental state to promote technological innovation. And as the graph shows they are catching up on spending, at least. I'm not sure I agree with the WSJ here, but they are certainly moving into high tech areas like AI.

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So, if there is a reason for concern regarding China in the US, it is definitely the use of their developmental state to promote technological innovation.
More on China and the US

And as the graph shows they are catching up on spending, at least. I'm not sure I agree with the WSJ here, but they are certainly moving into high tech areas like AI.
Matias Vernengo
Econ Prof at @BucknellU Co-editor of ROKE & Co-Editor in Chief of the New Palgrave Dictionary of Economics

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