Beijing reaches for the stars in latest industrial policy

Badenoch sent business delegation to Beijing; PRC benefitted from Trump export controls

Observing China is the essential newsletter to understand the UK-PRC relationship, explained in the context of global developments.

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For the first time in the history of Beijing’s industrial policies (implemented through its ‘Five-Year Plans’) aerospace has been cited as a priority sector. So, if you’ve had enough of hearing about the tug-of-war in semiconductor supply chain materials, or electric vehicles, now you know what will be dominating the news for the next few years in the geopolitical competition between the United States (US) and the People’s Republic of China (PRC). For a while now, the two nations have competed in sectors such as manufacturing, technology and cyberspace, and now – look up – the next war will be closer to the stars.

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