President Joe Biden this week placed new tariffs on Chinese imports to address trade practices in technology transfer, intellectual property and innovation. The tariff hikes, directed under Section 301 of the Trade Act of 1974, target strategic sectors. Much of the media coverage around Biden’s tariffs has focused on how they’re meant to prevent China […]
Made in China 2025
China wants to dominate medtech: Here’s how
Under its “Made in China 2025” plan, the Chinese government seeks explosive growth in biomedical and high-end medical device manufacturing. Grace Fu Palma, China Med Device In 2015, the China State Council issued a 10-year manufacturing plan called “Made in China 2025.” The goal is to elevate the “giant but weak” Chinese manufacturing industry into […]
