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Chinas industrial policy: the visible hand of the party-state to catch up by any means necessary

In: EU Industrial Policy in the Multipolar Economy

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  • Jean-Christophe Defraigne

Abstract

This chapter assesses China's industrial policy and some of its global implications. It will explore how the interventions of the Chinese state contributed to the transformation of a number of national champions into global giant firms that can even outperform EU firms in certain industries and services, examining how this has led to increasing tensions with the EU and the other most developed economies.

Suggested Citation

  • Jean-Christophe Defraigne, 2022. "Chinas industrial policy: the visible hand of the party-state to catch up by any means necessary," Chapters, in: Jean-Christophe Defraigne & Jan Wouters & Edoardo Traversa & Dimitri Zurstrassen (ed.), EU Industrial Policy in the Multipolar Economy, chapter 8, pages 242-269, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20046_8
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