Yeah, or even just protectionism. Most economists I've heard say that protectionism doesn't work, but I feel like China being quiet and protectionist in the infancy of its key industries was like the move of the century for them.
Protectionism and sanctions form a kind of virtuous feedback loop :)
https://incyber.org/en/article/iran-between-isolation-and-te...
>The Iranian Information Technology Organization (ITOI) even set precise rules to evaluate candidates based on three different standards: ISO 27017 (cloud security controls), ISO 27018 (protection of personally identifiable information), and NIST SP 900-145, which concerns the American definition of cloud computing. “They want a comprehensive offer with its three components— IaaS, SaaS, and PaaS https://incyber.org/en/article/iran-between-isolation-and-te...
Not sure tbh.
China could have been like Japan per capita. Protectionism puts a big cap on economic growth potential.
Neoclassical economics is quite clear that targeted protectionism is desirable under certain exceptions.
As for China, they would be more wealthy without the meddling of their government. There's no reason they couldn't be like Taiwan, but bigger. The Chinese people got to where they are in spite of their anchor.