Despite its stunning innovation record China is not yet a challenger to American hegemony

Wade, R. H.ORCID logo (5 December 2025) Despite its stunning innovation record China is not yet a challenger to American hegemony. LSE Business Review.
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In a decade China has evolved from being the world’s factory to its laboratory. The government’s control over the economy and industrial policy has created extraordinary technological innovation and growth. Robert H. Wade examines how far China’s success threatens America’s role as global hegemon.

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