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What China’s EV rise tells us about industrial policy
The lesson from China’s EV rise is not that governments should pick winners but that effective industrial policy creates institutions that let winners emerge from competition
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eastasiaforum.org
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What China’s EV rise tells us about industrial policy
The lesson from China’s EV rise is not that governments should pick winners but that effective industrial policy creates institutions that let winners emerge from competition
- ·
China’s EV industry policy puts institutions before champions
The conventional story about China's state-led electric vehicle industry overlooks the fierce competition between different firms and levels of government