The United States and Europe are trying to catch up to a rival skilled in using all the levers of government and banking to dominate global manufacturing.
Las subvenciones a la industria y la debilidad de las ventas al interior de China han preparado el terreno para un auge de las exportaciones del país, lo que hace temer la pérdida de puestos de trabajo en fábricas de otras partes del mundo.
Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere.
The Chinese leader met with Viktor Orban, the Hungarian prime minister, one of China’s most fervent admirers and protectors in Europe.
Ursula Von der Leyen, the European Commission president, pushed Beijing to help rein in Russia’s war in Ukraine after meeting with the Chinese and French leaders in Paris.
Una conducción autónoma más capaz es solo una de las maneras en que los fabricantes de automóviles chinos amenazan con tomar la delantera: sus vehículos eléctricos también se están volviendo más grandes y espaciosos.
More capable autonomous driving is just one way Chinese automakers are threatening to pull ahead — their E.V.s are also becoming bigger and roomier.
From cars to solar panels to furniture, China is using lavish bank lending and enormous investments in robotics to cement its global leadership in manufacturing.
Chancellor Olaf Scholz tried to promote German business interests while delivering warnings from Europe about trade and geopolitical tensions.
The United States wants to persuade China to dial back its green energy industrial strategy as the Biden administration subsidizes its own supply chain.