China’s Next Economic Shift Faces Potential Backlash
Hong Kong, Nov 27 — A decade after its launch, China’s ambitious industrial strategy Made in China 2025 is entering a new phase—but it could spark international backlash. The plan, designed to turn the country into a global manufacturing superpower, targets high-tech sectors such as aviation, robotics, semiconductors, and green energy, aiming to reduce reliance on foreign technology.
The strategy, first unveiled in 2015, drew criticism abroad from governments and businesses concerned about state-backed industrial policies giving Chinese companies an unfair advantage. Then-U.S. President Donald Trump called the plan “very insulting” in 2018, arguing that it threatened global economic balance.
China is now pivoting to a “dual circulation” model, emphasizing domestic consumption while continuing to expand exports. Experts warn that this economic shift could trigger frictions with the United States, the European Union, and other trade partners, particularly in sectors where China seeks dominance.
Analysts say the move signals Beijing’s determination to modernize its economy, even amid slowing growth, demographic challenges, and geopolitical tensions. However, it also raises the stakes for trade disputes, intellectual property concerns, and global supply chain dependencies.
“China’s push to lead in high-tech industries is strategic, but it risks provoking reactions from countries that see their own technological leadership threatened,” said an economist familiar with East Asian markets.
The international community will be watching closely as China implements its next phase of industrial transformation, with potential implications for global trade, innovation, and geopolitical influence.
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