The growth model China has relied on for the last 30 years - one predicated on low-cost exports to the rest of the world and investment in resource intensive heavy manufacturing - is unlikely to serve it well in the next 30 years. ↗
A molecular manufacturing technology will let us build molecular surgical tools, and those tools will, for the first time, let us directly address the problems at the very root level. ↗
If you ask an economist what's driven economic growth, it's been major advances in things that mattered - the mechanization of farming, mass manufacturing, things like that. The problem is, our society is not organized around doing that. ↗
Until the Chinese decide to compete fairly it will be up to us to do what we can to further protect our manufacturing base, and ensure we keep the good paying jobs we already have. ↗