Industrial policy is back as a powerful motivator for government intervention. This is true in many parts of the world. It appears to be truer for Xi Jinping’s China than it was under Deng Xiaoping, especially now that it wishes to replace investment in property as its engine of economic growth. But the most striking shift is in the US. Ronald Reagan declared that “The nine most terrifying words in the English language are: I’m from the government, and I’m here to help.” Today, the Biden administration is “helping” enthusiastically. Donald Trump, too, is an interventionist, the difference being that his way of helping is to raise tariffs. Given its historic role as proponent of the open world economy, this shift matters.
产业政策又重新成为政府干预的强大驱动力。这一论断适用于世界上许多地方。这一论断对习近平领导下的manbetx3.0 似乎比对邓小平时期的manbetx3.0 更成立，尤其是现在manbetx3.0 希望寻找能够替代房地产投资的manbetx20客户端下载 增长引擎。但最显著的转变发生在美国。罗纳德•里根(Ronald Reagan)曾宣称：“英语中最可怕的几个字是：我是政府的，我来帮忙了。”如今，拜登政府正在热情地“帮忙”。唐纳德•特朗普(Donald Trump)也是一位干预主义者，而不同之处在于，他“帮忙”的方式是提高关税。鉴于美国作为开放型世界manbetx20客户端下载 支持者的历史角色，这一转变意义重大。