Chinese R and D investment doubling means twice as many Chinese “students”.
Anytime Xi makes an announcement there follows a nearly hysterical implementation of “Xi’s thoughts.” “Xi’s Thoughts” is the replacement for Mao’s Little Red Book. Thing is, everything said by the typical government official reads more like poetry than instructions. When Xi said to clean airports, as Covid was being imported from abroad, this resulted in men wearing Biol Level 5 suits disinfecting runways. Someone else saw that and decided the same thing should be done for city streets. Xi said that China must learn to subsist on its own internal demand for goods and services. (Demand comes from a demographic group almost wiped out by the One Child Policy. So, it can’t happen.) But one of the things Xi called for was internal research and development to free China from Western innovation. Thus, money will be spent on “research.” But as with the billions spent on developing their own microcircuits, it will all be wasted. The government cannot dictate, from their positions in the ivory towers, what the masses living on the streets actually do.
That's on top of all of the other damage these trade deals have caused.
And after all of this, where are those lower prices the free traitors promised us?
China was already spending $9.2 billion on Precision Medicine (genetic research by the PLA).
Question: How is composite polymer “safer” than ceramic?
It is, no doubt, cheaper to produce, but safer?
Different values and risk assessment measures than the west.
Presently, China is exporting very little. Last week or so, there were no container vessels at the Shanghai loading docks
Chairman Xi is transitioning the nation from one with thriving private businesses to one where all economic activity is accomplished by businesses controlled by the CCP. The era of private businesses in China is over.
The new China socialism is where jobs are provided by the CCP businesses and industries as compared to the Maoist communism where jobs were provided by the communes.
This innovation will last until their competitors steal the new technology. Until they start protecting those making the new technology this will fizzle and die.