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China as leading innovator, and as challenger to US hegemony?

Year: 2025

Type: article

Abstract: To what extent has China over the past decade leapfrogged beyond ‘factory of the world’ (scaling up technologies developed elsewhere) to ‘leading innovator’ (starting up technologies developed at home to produce new-to-the-world products)? To what extent has China’s size, economic development, and geopolitical influence reached the point where it is challenging the US for hegemony? The essay gives a qualified ‘yes’ to the first question, a qualified ‘no’ to the second.

Source: Review of Keynesian Economics

DOI: 10.4337/roke.2025.04.04

Author: Robert H. Wade

Institution: London School of Economics and Political Science

Language: English

Topic: COVID-19, Geopolitics, Technology, Migration

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: green

OpenAlex ID: W7104176516