Coal waits to be transported at Guoyuan Port container terminal in Chongqing, China

China’s Industrial Scale Powers Growth but Risks Overproduction and Global Tensions

China now produces more than 30 percent of the world’s manufactured goods—surpassing the combined output of the United States, Germany, and South Korea. Some Chinese scholars argue the country should target 45 percent of global capacity, framing sheer scale as...
Electricity

Australia’s Industrial Policy Transformation: Future Made in Australia Act and Shift Toward a Mission-Oriented Economy

Australia’s economic strategy is entering a new chapter with the Future Made in Australia Act (FMiA), an industrial policy designed to bolster the nation’s role in global supply chains, especially in critical minerals, renewable energy, and advanced manufacturing. This approach...