This Is China's Plan To Be A Technology Powerhouse By The Year 2025
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 21 May 2018
⏱️ 32 minutes
🧾️ Download transcript
Summary
The recent trade tensions between the Trump administration and China has shone a light on the country's ambitions to become a technology powerhouse, as one of the complaints is that China unfairly extracts intellectual property from multinationals entering that market. But what, specifically, is China's long-term plan? On this week's Odd Lots podcast, we speak to Dan Wang, a technology analyst at Gavekal Dragonomics about the the Made In China 2025 initiative, which seeks to turn the country into a tech leader (in areas like semiconductors, medical equipment, clean energy, and wide-body aircraft) by the year 2025. Dan explains how the program works, where it's succeeding, where it's struggling, and what the ramifications are for the rest of the world.
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Transcript
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| 0:53.0 | Hello and welcome to another episode of the Odd Lots Podcast. |
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| 1:01.0 | So Tracy, I think we're obviously in the midst of this ongoing trade dispute between |
| 1:10.0 | US and China, lots of big questions about what's going to happen there. We talked with |
| 1:16.0 | Brad Setzer a few weeks ago about this topic, but it's such a big topic. I feel like there's a lot more to cover |
| 1:23.4 | yeah i totally agree with you i remember when we spoke to brad there was one section in |
| 1:28.2 | particular of u s china trade relations that you were quite interested in which was the intellectual property |
| 1:35.0 | proportion and the US is always accusing China of trying to steal its technological expertise |
| 1:40.7 | or its intellectual property. |
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