Posted 2/23/2024, 10:00:00 PM
McKinsey Advice to China on Tech Self-Reliance Linked to Increased US-China Tensions
- McKinsey-led think tank made recommendations in 2015 for China's 13th Five-Year Plan, including "Made in China 2025" policy
- Recommendations focused on China becoming a global tech leader and reducing reliance on foreign tech
- Included pushing foreign companies out of sensitive industries
- Led to increased China-US tensions under Trump administration
- McKinsey has denied wrongdoing but faced criticism over China ties amid US defense contracts