China Counters 'China Shock' Narrative with Innovation-Led Growth
Nigeria, July 6 -- The country is increasingly relying on technological advancement, industrial upgrading and high-end manufacturing to drive productivity, strengthen economic resilience and expand international cooperation.
Chinese authorities argue that this innovation-led approach is not only supporting domestic development but also creating new opportunities for global trade, investment and sustainable growth.
However, China's rapid industrial progress has also intensified debate among major trading partners over its growing influence in global manufacturing and technology markets.
The United States and some European countries have raised concerns over what has been described as "China Shock 2.0a term used to characterise the surg...
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