I tried to read the article but it won’t let me.
The problem with anything green related is that it’s beyond fake. Three words : “We are fucked”.
Archive link: https://archive.ph/P6XL8
The gist of the article is mainly: there isn’t any evidence China is actually subsidizing green tech, it’s just that land, labor, and materials are cheaper there and they’ve massively scaled production. The US and its allies claim that because their prices are so low they must be cheating, but there’s little evidence to support this, and retaliatory tariffs are kneecapping the West’s efforts to decarbonize.
I don’t need any convincing really. It’s the usual “they’re getting good at advanced tech, only us should be able to, let’s stiffle their progress”
The US and its allies claim that because their prices are so low they must be cheating, but there’s little evidence to support this.
I mean look at what they did to Huawei because it was getting too big.
retaliatory tariffs are kneecapping the West’s efforts to decarbonize.
It’s all a smokescreen anyway. Europe sends it un unrecyclable e-waste to Africa, CO2 tax is an unfunny joke, USA doesn’t believe in global warming.
Eh,It does not matter really. As i said, we’re fucked.
It’s funny and sad people find it so easy to deny China is good at tech stuff, they’ve been spending huge money on education and tech development for at least thirty years now so it really shouldn’t surprise anyone they have huge numbers of very well educated tech professionals.
What’s really funny is it’s fine when corporation’s fire their whole workforce and get their product made in China but it’s terrible if I buy something from a Chinese company? Ok.
What’s really funny is it’s fine when corporation’s fire their whole workforce and get their product made in China but it’s terrible if I buy something from a Chinese company? Ok.
Don’t try finding logic where there’s non. On one side is the good ol’ propaganda machine working and on the other is corporate greed. What is truly funny is people screaming at china for being one of the biggest polluting countries while literally everything in the world is made there, from the cheapest plastic toy to their latest iPhones and iPads. I often question myself : people can’t be this dumb, right? Then someday someone told me Huawei commited seppuku because they were bared from selling in USA. I explained in vain that USA forced the British company ARM to stop selling it SOCs. That day I knew the answer.
Not particularly interested in what a capitalist Wall Street publication has to say about something they do not understand and must destroy to protect their own interests.
The business press often has better grasp on reality, because the managers and capitalists that read it actually care about getting correct information for investment purposes. Dismissing all pro-capitalist publications out of hand is not very wise. You can read them critically, you know.
What is the difference? A subsidy is supposed to make non-profitable product profitable. If the product is becoming cheaper and more profitable because of government investment, what else could you possibly call that besides a subsidy?
The definition of subsidy isn’t just “government investment,” and it’s concretely defined by the WTO. It’s also only valid to current subsidies, not historical ones.
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Also featured on Bloomberg Law: China’s Green Subsidies Are a Mirage