OpinionThinking About China

Why China Can’t Innovate

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Why China Can’t Innovate
An employee looks on at steel rolls at a factory in Nantong, in China's eastern Jiangsu Province, on March 1, 2022. STR/AFP via Getty Images
Christopher Balding
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Commentary
China has grown rapidly to become one of the largest economies in the world. It has produced cutting-edge technology and leads the world in AI patent filings. However, none of this answers the simple question of whether the Chinese economy can innovate.
Christopher Balding
Christopher Balding
Author
Christopher Balding was a professor at the Fulbright University Vietnam and the HSBC Business School of Peking University Graduate School. He specializes in the Chinese economy, financial markets, and technology. A senior fellow at the Henry Jackson Society, he lived in China and Vietnam for more than a decade before relocating to the United States.
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