Why Made in China 2025 is at the centre of US trade tensions
Policy documents don't usually attract this much attention, but China's hi-tech manufacturing plan could have a dramatic effect on global trade. Made in China 2025 is a 10-year industrial development plan, but businesses and governments around the world are concerned it will have a dramatic effect on global trade. Chinese state media has even accused the United States of trying to provoke a trade war in order to undermine the policy. Ambitious, long-term policy documents don't always attract this much attention, so let's have a look at why this one is different.