China’s 5-year plans significantly impact American factories, US study says (opens in new tab)

China’s five-year plans have profoundly impacted US businesses – while some American companies have adapted and even profited, US factories have been hit with job losses, lower investment and more closures, according to a US-based scholar. From 2001 to 2020, when Beijing backed an industry under one of its five‑year plans, US factories in the […] The post appeared first on <a href="