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

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
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article

The Clash between China’s High-Tech Industry versus the Chinese Government

Arthur S. Guarino
Journal of Economics Trade and Marketing Management
Globalization, Economics, and Policies
article

The Clash between China’s High-Tech Industry versus the Chinese Government

Arthur S. Guarino
article en

Abstract

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.

Journal of Economics Trade and Marketing ManagementVol. 6(2)
Decent work and economic growth
Openalex Percentile: Top 77%
Globalization, Economics, and Policies
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