Conflict over China's industrial policies is at the center of a trade war that's set to escalate should President Donald Trump go ahead with planned tariffs on another $200 billion of Chinese goods as soon as this week.
The core of those industrial policies is the Made in China 2025 plan to dominate industries from robotics to new-energy vehicles and aerospace. A key element of that blueprint is an unofficial document that's slipped largely under the radar: The Made in China 2025 Major Technical Roadmap, better known as the Green Book after the color of its original cover.
Whereas the official Made in China 2025 plan has no specific targets for Chinese companies to seize domestic and global market share and even says implementation must be dominated by markets, the Green Book's 296 pages are full of goals. They are jaw-dropping targets, too, that if met would virtually lock foreign companies out of many industrial segments in China and threaten market disruption for businesses across the globe.
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