ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

U.S. and EU embrace of industrial policy puts Asia at risk

Drives to revive domestic manufacturing will have economic and political effects

| East Asia
U.S. President Joe Biden tours a General Motors EV assembly plant in Detroit in 2021: Washington has embraced active industrial development with vigor.   © Reuters

William Bratton is the author of "China's Rise, Asia's Decline." He was previously head of Asia-Pacific equity research at HSBC.

There has been a long-running tendency to underestimate China's manufacturing prowess.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more