Economy
Wednesday, 6/24, 08:34 AM
The Reversal: As China's Megafactories Pull Ahead, America Frets About Dependence
- For a generation, Washington worried that China depended on American technology.
- A new wave of vertically integrated Chinese 'megafactories' in EVs, batteries and solar is inverting that fear, leaving U.S.
- policymakers and investors weighing how much of the modern industrial economy now runs through Chinese supply chains.