The country of stubborn boomers that want to have their cake and eat it

  • Lucius_Sweet@lemmy.world
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    17 hours ago

    The EU disagrees with you after a thorough investigation. China has been giving its EV manufacturers massive state subsidies for a long time now, this is not news to most of us, just you for some reason…

    • UnderpantsWeevil@lemmy.world
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      16 hours ago

      The EU disagrees with you after a thorough investigation.

      Police investigating themselves inevitably find the people they are policing were in the wrong.

      China has been giving its EV manufacturers massive state subsidies for a long time now

      Chinese manufacturers benefit from the state investment in infrastructure and the at-cost production of utilities through SOEs. They produce professionals out of universities funded with state tax dollars who do not carry enormous personal debts. They have a large high speed transportation network that reduces delivery delays and mobilizes much of the idle workforce.

      In any other country, we’d acknowledge this as capital investments in the economy at-large. In China, we pretend that this is some kind of unfair business advantage.