China's internal battle for innovation is stifling its progress: Amundi - Financial Newswire

China's internal battle for innovation is stifling its progress: Amundi - Financial Newswire

The internal battle between “state driven” approaches and “bottom-up” forces plaguing China’s technology landscape could be the cause of its own downfall, according to new research from the Amundi Investment Institute. Despite its status as a “formidable competitor to the developed West” within the global technology landscape, Claire Huang, Senior EM Macro Strategist at the Amundi Investment Institute, said China’s innovation strategy has lately…