China's industrial dominance is driven by competitive local governments that act like venture capital firms, making it a continent-sized Silicon Valley (Works in Progress Magazine)

Works in Progress Magazine:
China's industrial dominance is driven by competitive local governments that act like venture capital firms, making it a continent-sized Silicon Valley  —  China is not the world's largest command economy.  It is a continent-sized Silicon Valley.  —  Imagine if Y Combinator owned and ran San Francisco.

原文：https://www.a8q9.cn/en/article/china-s-industrial-dominance-is-driven-by-competitive-local-governments-that-act-11f1cd.html