China Is Pursuing a Post-Virus Plan to Overtake the US Economy, Report Says

China Is Pursuing a Post-Virus Plan to Overtake the US Economy, Report Says
Workers are producing protective suits at a factory in Binzhou city of China's eastern Shandong province on Feb. 13, 2020. STR/AFP via Getty Images
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News Analysis
Amid the disruptions of the global COVID-19 pandemic, China is seizing the opportunity to “leapfrog” the U.S. economy, according to a report by Horizon Advisory, China expert and independent strategic consultancy firm. While other countries are scrambling to contain the pandemic, Beijing extends its soft power as it plans to ramp up production in strategic industries in order to control global supply chains.