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America is Run by Lawyers, China by Engineers, Says Expert. Who Will Win?


Dan Wang, Research Fellow at the Hoover Institution of Stanford University, says amid the ongoing competitions in trade and tech innovation between the U.S., and China, the future of the world is looking more protectionist and fragmented. The OECD says the global economy is weathering Donald Trump’s trade tariffs better than expected as activity gets a boost from strong investment in artificial intelligence and supportive fiscal and monetary policies. "They [China] are trying to double down not just on AI, but on absolutely everything. And this is going to be the great challenge for the West," Wang says. The author of "Breakneck: China's Quest to Engineer the Future" joins "The Pulse with Francine Lacqua" on Bloomberg Television. (Source: Bloomberg)

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