the fundamental difference is they saw a long term transition, welcomed it, guided it. Whereas us sees a long term transition, pulls our head into our shell
That’s one of the advantages of having a single party in power for a very long time, I don’t think China qualifies as a proper dictatorship, but it shares the advantage of the ability to plan decades in advance. The US is hobbled by the 4-8 year cycle of the next person totally erasing all the work of the previous. So there’s an incentive for whoever is in power to keep the status quo and keep any changes small enough or “bipartisan” enough that the next person doesn’t repeal it.
I wouldn’t necessarily say that from what’s visible outside the information confines of the CCP is cheating. They have a well defined goal, and no sight of the end of party rule means they can effectively do whatever they want to achieve it.
wouldn’t necessarily say that from what’s visible outside the information confines of the CCP is cheating.
I do have to say I’m skeptical of all the claims that they are subsidizing industry and this is a problem. They are. In the open. And that’s normal. I have yet to read a convincing story that they are doing this enough to be substantially different from every other country. And being consistent over multiple years is clearly not cheating
Chinese companies have a deserved reputation for industrial espionage and not respecting intellectual property. I haven’t read complaints recently so does that mean they’ve cleaned up their act?
I mean, the claims as I understand them, is that the government is subsidising these EVs and Solar-PV etc. to the point where they are being sold below cost of manufacturing. Making any competition next to impossible in any countries where parts supply chains are more costly than in China. Not sure I believe that to the extent claimed, but they definitely are, very clearly and without hiding it, heavily subsidising these industries. Without someone smarter with numbers than me and very trustworthy looking at the actual flow of money from the government to these companies? There’s no way to actually know what is in fact happening.
I’ve read the same but am skeptical because no one ever pulls out any numbers. I know every country does that same thing to some extent so just saying they do it doesn’t mean anything.
I’ll believe it when I see actual data
It’s also not necessary for the current reality to have happened. Following the K.I.S.S. principal, the current Chinese car industry is explainable by consistent government policy over many years, out in the open, so why are we blaming it on things we don’t o ow or don’t see? I’m not saying it’s not there, just that we’d be in the same boat whether it is or not
That’s one of the advantages of having a single party in power for a very long time, I don’t think China qualifies as a proper dictatorship, but it shares the advantage of the ability to plan decades in advance. The US is hobbled by the 4-8 year cycle of the next person totally erasing all the work of the previous. So there’s an incentive for whoever is in power to keep the status quo and keep any changes small enough or “bipartisan” enough that the next person doesn’t repeal it.
I wouldn’t necessarily say that from what’s visible outside the information confines of the CCP is cheating. They have a well defined goal, and no sight of the end of party rule means they can effectively do whatever they want to achieve it.
I do have to say I’m skeptical of all the claims that they are subsidizing industry and this is a problem. They are. In the open. And that’s normal. I have yet to read a convincing story that they are doing this enough to be substantially different from every other country. And being consistent over multiple years is clearly not cheating
Chinese companies have a deserved reputation for industrial espionage and not respecting intellectual property. I haven’t read complaints recently so does that mean they’ve cleaned up their act?
I mean, the claims as I understand them, is that the government is subsidising these EVs and Solar-PV etc. to the point where they are being sold below cost of manufacturing. Making any competition next to impossible in any countries where parts supply chains are more costly than in China. Not sure I believe that to the extent claimed, but they definitely are, very clearly and without hiding it, heavily subsidising these industries. Without someone smarter with numbers than me and very trustworthy looking at the actual flow of money from the government to these companies? There’s no way to actually know what is in fact happening.
I’ve read the same but am skeptical because no one ever pulls out any numbers. I know every country does that same thing to some extent so just saying they do it doesn’t mean anything.
I’ll believe it when I see actual data
It’s also not necessary for the current reality to have happened. Following the K.I.S.S. principal, the current Chinese car industry is explainable by consistent government policy over many years, out in the open, so why are we blaming it on things we don’t o ow or don’t see? I’m not saying it’s not there, just that we’d be in the same boat whether it is or not
Well said! That’s basically exactly my thoughts on the issue.