The drama that is U.S.-China relations added a new episode in Buenos Aires this weekend. The outcome was in many ways anti-climactic, as the two sides reached the most limited of agreements, writes Scott Kennedy, deputy director of the CSIS Freeman Chair.
November 19, 2018
| Scott KennedyChina has made developing new-energy vehicles (NEV) a top priority. The results of these efforts are mixed. China has the world’s largest NEV market, but the sector faces some immense challenges. This report is part of CSIS’s China Innovation Policy Series.
The lesson is not that China should refrain from developing NEVs or other advanced technologies, but that it needs to be much more attentive to market signals and carefully consider the ramifications for other economies.
Scott Kennedy, deputy director for Freeman Chair in China Studies and director for Project on Chinese Business and Political Economy, testified before House Committee on Financial Services' Subcommittee.