this post was submitted on 18 Jul 2024
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China is the West’s corporate R&D lab. Can it remain so? (www.economist.com)
submitted 1 year ago by schizoidman@lemmy.ml to c/china@sopuli.xyz
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[–] reddig33@lemmy.world 3 points 1 year ago* (last edited 1 year ago)

Is it though? Pretty sure the R&D in technology and pharma is done outside of China. Some battery tech maybe. China is mostly cheap labor and manufacturing. A lot of that is moving back out of China as well.