President Trump's visit to China highlights a key tension for American decision makers: how to manage China’s growing prowess in sectors like the auto industry.
US won’t have an answer. Obama invested in battery research, Trump shut it down, Biden invested in battery manufacture, Trump shut it down. During this time, Chinese industry secured a supply chain from raw ore mining to making batteries with patents. US has no IP in batteries.
Same thing is happening with drug discovery, it’s all China for the next decade.
US won’t have an answer. Obama invested in battery research, Trump shut it down, Biden invested in battery manufacture, Trump shut it down. During this time, Chinese industry secured a supply chain from raw ore mining to making batteries with patents. US has no IP in batteries.
Same thing is happening with drug discovery, it’s all China for the next decade.