The technology plan is part of acrimony with US
China plans to replace its Made in China 2025 plan with something that will give greater access to foreign companies, according to a WSJ report.
The plan was an effort to make China the leader in future tech industries including robotics, AI and clean energy. The new plan would downplay domestic companies and reflect more openness to foreign ones.
"Odds that the new plan will go far enough in addressing U.S. complaints are long," the report says. "If approved by President Xi, the plan could nonetheless win over some foreign businesses and persuade some in the Trump administration that Beijing is making meaningful changes to retool the economy to be more market-driven."
One concrete change would be dropping a numerical target for market share by Chinese companies.
The problem her boils down to trust. If China changes its policies but the US doesn't really believe that there have been changes, then I don't see how you can bridge a gap.
