Europe's Tech Lag: Can China Help?
A Call for Change
Europe is falling behind in tech, a reality highlighted by industry expert Louis Gallois. He attributes this to Europe's slow decision-making and bureaucratic hurdles, while China surges ahead.
A Controversial Suggestion
Gallois proposes greater collaboration with Chinese companies to help Europe learn and catch up. This idea, though seemingly odd, stems from his experience setting up an Airbus factory in China, where forced partnerships and technology sharing were common.
The Changing Landscape
Today, China is making strides in aviation and automotive sectors. Meanwhile, Europe is struggling, with 100,000 jobs lost in the car industry last year. Efforts to establish new battery companies, like Northvolt, are also facing challenges.
The Dilemma
Is working with China the answer? It's not straightforward. However, one thing is clear: Europe needs to act. The question remains: What's the best way forward?