The Economist’s article discusses how Chinese brands are advancing beyond low-cost manufacturing, fostering innovation and competition globally. Protectionist measures in North America and Europe may inhibit domestic growth and innovation. Instead of exclusion, strategic engagement is suggested to enhance competitiveness and adapt to evolving trade dynamics, recognizing the need for collaboration and resilience.
Tag Archives: innovation
Are Trade Barriers Good for Business? Part 3 – Innovation in the Tech Sector & the DeepSeek Story
In a world where trade policies are increasingly weaponized, we find ourselves facing yet another example of the unintended consequences of protectionist measures. The emergence of China’s DeepSeek AI model is a compelling case study in what could become a recurring theme in this blog. U.S. restrictions on exporting advanced NVIDIA chips to China wereContinueContinue reading “Are Trade Barriers Good for Business? Part 3 – Innovation in the Tech Sector & the DeepSeek Story”