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Erik Baark

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China's push for innovation amid tariffs and semiconductor challenges

The US and EU have imposed significant tariffs on Chinese electric vehicle imports, raising concerns about China's overcapacity in the sector. Meanwhile, MIC2025 aims to enhance China's renewable energy and biopharmaceutical industries, with notable advancements in solar cell production and drug development, despite challenges in semiconductors and machine tools. As the end of MIC2025 approaches, China is expected to focus on high-tech goals and strengthen its position in global supply chains.
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United States Dollar AstraZeneca PLC Hoffmann-La Roche AG Pfizer Inc. USA CHN DEU Helen Chen Erik Baark Show more
Technology & Innovation, Market Report
15:39 20.11.2024
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