The Chinese subsidise their own manufacturers of some goods. [0]
They do that partially as you say to develop their own energy independence. But there would be more efficient ways to do that, and specifically they wouldn't need to give gifts to foreign consumers.
I'm not sure why you think that I think it's nefarious? Western consumers (and other foreigners, like in ASEAN and the Middle East etc) get stuff for cheaper, that's nice for them.
The Chinese government subsidises these companies with tax payer money that they take from other parts of the economy; it's a net loss for the Chinese economy overall; but perhaps a net plus, if you focus on just the politically connected companies.
If you want to find anything nefarious: it's that rest of the Chinese economy that's being shafted.
> I'm not sure why you think that I think it's nefarious?
Most conversations on the Internet I've seen about this topic paint Chinese subsidies and Chinese car exports as a grand, deliberate, evil plan to cripple western companies and industries.
> But there would be more efficient ways to do that
I really doubt it. We have not seen any other examples of green energy rollout that is better. The improvement in Chinese air quality in just 15 years is staggering: Shanghai now often has better air quality than Berlin. Health outcomes do not easily show up in GDP figures.
They do that partially as you say to develop their own energy independence. But there would be more efficient ways to do that, and specifically they wouldn't need to give gifts to foreign consumers.
I'm not sure why you think that I think it's nefarious? Western consumers (and other foreigners, like in ASEAN and the Middle East etc) get stuff for cheaper, that's nice for them.
The Chinese government subsidises these companies with tax payer money that they take from other parts of the economy; it's a net loss for the Chinese economy overall; but perhaps a net plus, if you focus on just the politically connected companies.
If you want to find anything nefarious: it's that rest of the Chinese economy that's being shafted.