观点新兴市场

We need an honest east-west discussion about industrial policy

Europe and the US are breaking a taboo that east Asia was never afraid of

In the 1970s my grandfather, an electrical engineer in China, received an unusual job offer: would he be willing to move from his city to the foothills of a remote Buddhist mountain, a half-day’s truck ride away, to contribute to an enterprise of national importance?

What clinched the deal was that my grandmother would also be given a good state job, and my mother, uncle and aunt would go to schools specially built for the childr