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It is a failure, but not the biggest one. The biggest one is the South China sea policy. What the hell did Xi think when he decided to build those artificial islands? Did he really think that US will just stand by and do NOTHING?!
This is telling. Some people argue that Made in China 2025 is China's single biggest policy failure in recent years because it alerted the world to its ambitions at a time when Chinese companies still depend on foreign tech.https://twitter.com/jruwitch/status/1011410739658149888 …
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