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What Drives 'Breakneck' Development in China?
Trade tensions between the US and China have hit a new high mark. Last week, after China announced plans to ratchet up its export controls of some rare-earths and magnets with strategic uses, President Trump threatened to retaliate with 100% tariffs, which would go into effect on November 1 or sooner. But the competition between these two world powers goes far beyond trade disputes and tariffs. It's a contest between fundamentally different approaches to governance, technology, and economic development. China, of course, dominates critical supply chains for clean energy technologies. But many…
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