Alternative:
Innovation happens within the context of Chinas censorship and political regime. Blocking of entrenched western competitors allows home grown solutions to spring up, and local technological know how to develop faster.
Capitalism and innovation turn out to work within the context of an illiberal society just fine. Especially as China avoids the mistake of closing itself off to the rest of the world, but stays integrated in the markets, as well as the academic exchanges.
The Chinese government doesn't stop high tech investment, but only blocks a few select companies that have products that are, at their core, easy to replicate (WhatsApp, Facebook, to a lesser degree Google) at a sufficient level of quality.
Rather than free markets pushing towards a more liberal politics, the Chinese government develops means to make the market optimize for political obedience [1].
Most people individually will consider themselves "free enough", and not care about politics as long as the country is well managed. Nothing stops you from starting to research or trying to build self-driving cars in China [2]. China will continue to manage to hire western talent for its firms [3] until whatever skill gap still exists is filled.
[1] https://en.wikipedia.org/wiki/Social_Credit_System
[2] https://www.cnbc.com/2017/09/01/goldman-says-china-has-talen...
[3] https://qz.com/1062035/half-of-the-top-10-employers-of-ai-ta...
Innovation happens within the context of Chinas censorship and political regime. Blocking of entrenched western competitors allows home grown solutions to spring up, and local technological know how to develop faster.
Capitalism and innovation turn out to work within the context of an illiberal society just fine. Especially as China avoids the mistake of closing itself off to the rest of the world, but stays integrated in the markets, as well as the academic exchanges.
The Chinese government doesn't stop high tech investment, but only blocks a few select companies that have products that are, at their core, easy to replicate (WhatsApp, Facebook, to a lesser degree Google) at a sufficient level of quality.
Rather than free markets pushing towards a more liberal politics, the Chinese government develops means to make the market optimize for political obedience [1].
Most people individually will consider themselves "free enough", and not care about politics as long as the country is well managed. Nothing stops you from starting to research or trying to build self-driving cars in China [2]. China will continue to manage to hire western talent for its firms [3] until whatever skill gap still exists is filled.
[1] https://en.wikipedia.org/wiki/Social_Credit_System
[2] https://www.cnbc.com/2017/09/01/goldman-says-china-has-talen...
[3] https://qz.com/1062035/half-of-the-top-10-employers-of-ai-ta...