The Clash between China’s High-Tech Industry versus the Chinese Government
China is experiencing a severe clash between its central government, the Chinese Communist Party, and its high-tech industry. While the Chinese government needs to expand and diversify its economy, it is attempting to impose stifling controls on the industry that could bring this to fruition. There are political, social, and economic reasons for this clash. But, most importantly, the clash between the Chinese government and the high-tech industry will most definitely affect the country’s economic future at a time when such factors as its gross domestic product and employment situation cannot afford a serious contraction. The aim and purpose of this article is to examine the numerous implications of China’s clash between its government and its high-tech industry.
Authors
- Arthur S. Guarino
Publication Details
- Journal
- Journal of Economics Trade and Marketing Management
- Published
- 2024-10-28
- DOI
- https://doi.org/10.22158/jetmm.v6n2p1
- Primary Topic
- Globalization, Economics, and Policies
- Type
- article
- Field-Weighted Citation Impact
- 0.00