Keep pulling the thread on Arthur Kroeber.
In 2018, the Chinese government broke from its long-standing joint-venture policy by allowing Tesla to build a wholly-owned gigafactory in Shanghai.
China's government operates with the primary objective of mobilizing the country's resources to maximize technology acquisition.
The "Cold War" is an incorrect framework for the U.S.-China relationship because of the deep economic integration between the two countries, which is an order of magnitude greater than U.S.-Soviet integration.
U.S. corporations have over $600 billion of direct investment in China, which generates sales volumes much larger than U.S. exports to the country.
There is a political consensus in Washington D.C. to prevent both the export of U.S. technology to China and direct investment by Chinese companies in the U.S.
China's government has provided an estimated $200 to $300 billion in subsidies to its electric vehicle industry and related supply chains.
China's financial system is fundamentally different from 1980s Japan's because China legally prohibits cross-shareholdings between banks and industrial corporations.
China's total debt is approximately 300% of GDP, a level typical for a highly developed economy but extremely high for a middle-income country.
Under Xi Jinping, China's government shifted its primary KPI for officials from maximizing GDP growth to achieving specific technology development targets.
In November 2020, the Chinese government halted the IPO of Ant Financial, concluding its business model would create excessive financial risk similar to the U.S. system in 2005.
China's electricity generating capacity is more than double that of the United States.
China's renewable energy generation capacity alone is as large as the entire electricity generation capacity of the United States.