China has a plan, and it's working - Asia Times

Summary

The article discusses China's focus on technological self-sufficiency, particularly in semiconductors and advanced technologies, amid global economic challenges and competition. It contrasts Western economic strategies with Beijing's priorities for the energy sector and industrial policy, including investments in smaller cities. The tags denote the relevance to China's sub-national economic development, the use of the renminbi in trade, and the roles of key cities like Shenzhen, Chengdu, and Beijing in China's broader economy.