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A Cutting Edge Lust


China is spending billions to improve its high-tech industry and limit reliance on foreign innovation.
So far, the effort has produced only modest results. Beijing’s response has been to spend even more, a pattern that shows no signs of abating.

China is spending billions to improve its high-tech industry and limit reliance on foreign innovation.
So far, the effort has produced only modest results. Beijing’s response has been to spend even more, a pattern that shows no signs of abating.

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