Trump is nostalgically reminiscing about the glory of the 1970s, while China is embracing a forward-thinking approach, drawing from its rich 5,000-year-old cultural heritage.
This accurately captures Trump's goal of revitalizing US manufacturing by implementing trade barriers against competing nations, with the ultimate aim of restoring America's former greatness.
China, in contrast, is taking a forward-looking approach, solidifying its dominance in key growth industries. Notably, it has become a global leader in electric vehicles, solar cells, and solar wafers, with an 85% share of the global solar panel market. Additionally, China produces over three-quarters of the world's batteries, with prices having dropped by nearly 30%.
This accurately captures Trump's goal of revitalizing US manufacturing by implementing trade barriers against competing nations, with the ultimate aim of restoring America's former greatness.
China, in contrast, is taking a forward-looking approach, solidifying its dominance in key growth industries. Notably, it has become a global leader in electric vehicles, solar cells, and solar wafers, with an 85% share of the global solar panel market. Additionally, China produces over three-quarters of the world's batteries, with prices having dropped by nearly 30%.
