After overcoming its Maoist phase, the People's Republic of China became the extended workbench of the United States' corporations. In the last decade, the formulation of a clever industrial and technology policy, a strategy aimed at maximum national sovereignty, and a population more than three times greater than that of the US, have helped China to become the decisive challenger to US economic supremacy.
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Christoph Scherrer (2022) studied this question.
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