CHINA TRANSITIONS FROM THE ANGLO-SAXON AMERICAN MODEL TO THE GERMAN MODEL
According to some experts, China’s crackdown on tech companies is inspired by Germany-style regulation. The Asian giant has veered towards anti-trust rules, an emphasis on manufacturing over services, and an approach to education that resemble those of its European counterpart.
Chen Li, a senior strategist at brokerage Soochow Securities Co said in a presentation that China has turned from “the American way” to “the German way.”
“The departure of Beijing from the Anglo-Saxon model has already begun,” Leung wrote.
“The German model is a strong contender as a guiding development model.”
CHINA TRANSITIONS FROM THE ANGLO-SAXON
AMERICAN MODEL TO THE GERMAN MODEL
According to some experts, China’s crackdown on tech companies is inspired by Germany-style regulation. The Asian giant has veered towards anti-trust rules, an emphasis on manufacturing over services, and an approach to education that resemble those of its European counterpart.
Chen Li, a senior strategist at brokerage Soochow Securities Co said in a presentation that China has turned from “the American way” to “the German way.”
“The departure of Beijing from the Anglo-Saxon model has already begun,” Leung wrote.
“The German model is a strong contender as a guiding development model.”
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