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In order to move to the more profitable parts of the so-called smile curve — component manufacturing and design — China needs to upgrade its technology level.

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published Aug 8, 2018, 5:00:15 PM, by Noah Smith (Bloomberg Opinion) — Suppose a Chinese electric carmaker wants to win market share by selling cars with the best cutting-edge battery technology. How does it get that technology? It can hire some engineers, build a lab and try to develop it

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