TheHamiltonIndex,2023:ChinaIsRunningAwayWithStrategicIndustriesROBERTD.ATKINSONANDIANTUFTSDECEMBER2023ChinanowdominatesthestrategicallyimportantindustriesinITIF’sHamiltonIndex,producingmorethananyothernationinabsolutetermsandmorethanallbutafewothersinrelativeterms.ItsgainsarecomingattheexpenseoftheUnitedStatesandotherG7andOECDeconomies,andtimeisrunningshortforpolicymakerstomountanindustrialcomeback.KEYTAKEAWAYSAsof2020,ChinawastheleadingproducerinsevenofthetenstrategicallyimportantindustriesinITIF’sHamiltonIndex.Overall,Chinawasproducingmorethananyothernation—andmorethanallothernationsoutsideofthetop10combined.HamiltonIndexindustriesaccountedforapp...
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