China is running full steam ahead in pursuit of leadership in the 21st century’s most important global industries. Can Europe keep pace?
Illustration by Sam Ward
Jens Pedersen has long maintained a simple rule of thumb for gauging his company’s position against Chinese competitors: “We can’t compete on anything that can be packed in a 40-foot container.”
Pedersen is in the wind business. His company, Welcon, is based in rural Denmark and produces the steel towers that support the nacelle and rotor blades of the modern wind turbine. Often standing over 300-feet tall and weighing 500 metric tons, wind towers do not fit in 40-foot containers. Eve
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