As the Chinese economy continues to decelerate, the central government is investing heavily in innovation, doubling down on research and development (R&D) spending and STEM-oriented human capital. In this paper, we assess China's progress so far, looking at the inputs to innovation (R&D and...

With the Biden administration in the US introducing tariffs on Chinese clean energy and electric vehicle (EV) goods and components, and the European Union (EU) also imposing duties on electric vehicles because of Chinese state support for these industries, the narrative around China’s...