The industry already exists. It’s being juiced artificially so they could sell goods to other countries under cost.
Same money could be used for e.g healthcare. China has a pretty US style healthcare system, just a bit cheaper. Instead it’s being pumped into private companies that already have a cost advantage before said subsidy.
What they’re supporting as a nation is illegal in a lot of places, which is why they’re met with tariffs. Which, btw, China also does. They use tariffs too. Dumping is a means of establishing a monopoly.
The industry already exists. It’s being juiced artificially so they could sell goods to other countries under cost.
Same money could be used for e.g healthcare. China has a pretty US style healthcare system, just a bit cheaper. Instead it’s being pumped into private companies that already have a cost advantage before said subsidy.
What they’re supporting as a nation is illegal in a lot of places, which is why they’re met with tariffs. Which, btw, China also does. They use tariffs too. Dumping is a means of establishing a monopoly.