China's 21st Century Playbook: The Rise of Cities in the Battle for Global Supremacy
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China's 21st Century Playbook: The Rise of Cities in the Battle for Global Supremacy
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Welcome to One Minute Briefing. Today we’re looking at how China might “win the future,” according to a recent Economist article and some unexpected insight from Google’s AI. If China comes to dominate the 21st-century economy, the credit will go to its state-led industrial policy—an approach that “inspires awe and anger from outside observers.” Princeton’s Kyle Chan even compares it to “the Manhattan Project.”
Google’s AI predicts that this battle for supremacy won’t be America versus China, but rather a contest among Chinese cities themselves—with tech hubs like Hangzhou and Shenzhen leading the charge. Beijing’s playbook includes massive subsidies for AI, semiconductors and biotech, plus a digital yuan rollout and deep military-civil fusion. The AI model foresees breakthroughs in smart cities, renewable energy and advanced manufacturing.
But it also flags big risks: an ageing population, rising debt and growing geopolitical tensions. In this high-stakes race, China’s blend of state power and market dynamism could tip the balance—city by city, innovation by innovation.
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