Tag: technological indigenization

January 12, 2021
In my December blog, I overviewed China’s Dual Circulation System (DCS). To reiterate, foreign multinational corporations (MNCs) are concerned about the DCS’s emphasis on self-sufficiency, indigenous technology, and insulating China against the international market’s vagaries. Foreign MNCs, though, also see opportunities to satiate anticipated growth in domestic demand and the…
December 13, 2020
In May 2020, China’s two-track “dual circulation” strategy (DSC) came to light.  An internal circulation track—the “mainstay”—encompasses domestic consumption and production.   An external circulation track entails more opportunities for foreign direct investment (FDI) and efforts to expand China’s external connections.  China will use the former to support growth and its...