China's industrial policy has an unprofitability problem

China's industrial policy has an unprofitability problem

Analyzing American economic policy isn’t that interesting these days, except perhaps as a grim spectacle. So I’ve been thinking a little about Chinese economic policy. China’s leaders leave much to be desired, but to their credit, they still think economic policy is about strengthening their nation, enriching their people and improving their technology instead of […] The post China’s industrial policy has an unprofitability problem appeared firs…