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Carnegie China
@CarnegieChina
China has arrived as a super power. We assess what that means from Asia's front row. Part of @CarnegieEndow; the usual caveats
Joined May 2017
226 Following    6.1K Followers
However, Beijing does not need every tech champion to rally around the flag. While it certainly prefers some firms to carry water into new markets, it also wants others to hold their market positions that keep China as an indispensable part of global supply chains. For example: WuXi’s continued success on the global stage demonstrates that Chinese labs, facilities, and technical know-how cannot simply be designed out of the global supply chain and that Western pharmaceutical companies continue to depend on China. It’s a political win scored without compelling political fealty. (2/3)
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