CATL and SMIC are two giant Chinese companies that are often singled out by Western think tanks as two firms who benefit from China’s subsidies, at the expense of foreign competition.
But all industrialized countries employ government subsidies, which help favored domestic industries grow. China, however, uniquely can invest in preferred sectors by channeling its massive trading surpluses, and providing low-cost access to its world-leading supply chains and logistics systems.
In contrast, North American and European companies who seek government incentives and subsidies are competing with other spending priorities, as all the funds come from taxpayers. This reality requires of companies seeking government help to do so through proxies, lobbying efforts, and through think-tanks who create research that can be published and used by lawmakers to justify the use of taxpayer funds.
China’s enormous subsidies come from trading profits. US and European subsidies come from taxpayers
Tag: Profit (economics)
The Lithium Cabal Defeated in Bolivia, But Winning in Serbia
A famous person (was it Karl Marx?) once remarked that when history repeats itself, the first time it is a tragedy, the second time a farce. Many of Marx’s important predictions may not have come to fruition exactly as he wanted, but on this one he was spot on.
The Lithium Cabal Defeated in Bolivia, But Winning in Serbia
María Corina Machado is the female Javier Milei (aka US Puppet)
Vente Venezuela, the party of María Corina Machado, is connected to the National Democratic Institute and the Atlas Network via the Liberal Network for Latin America (RELIAL) and Liberal International. Edmundo González is just a stand-in for her.
Vente Venezuela (work in progress)
Previously:
The West is Learning the Wrong Lessons about Airpower in Ukraine [Updated w/ video]
A recent article appearing in the US-based Business Insider titled, “Russia’s showing NATO its hand in the air war over Ukraine,” would provide a showcase of the deep deficit in military expertise driving increasingly unsustainable, unachievable foreign policy objectives. The article summarizes a number of interviews conducted with Western “airpower experts,” exhibiting a profound misunderstanding of modern military aviation, air defenses, and their role on and above the battlefield.
The West is Learning the Wrong Lessons about Airpower in Ukraine
Don’t Buy Louis DeJoy’s “Second-Act” Spin
The Postmaster General is still wrecking the Post Office.
The past two weeks have been newsworthy, to say the least. You’d be forgiven if you missed a June 8th op-ed in The Washington Post entitled “We’re fixing the Postal Service. We can’t stop now,” written by none other than the embattled Postmaster General, Louis DeJoy.
Capitalist Property
[2012] The Demise of Higher Education in the United States
The United States has experienced two major growth spurts in higher education. In 1862, the Morrill Act changed the face of higher education will by granting each state 30,000 acres of public land for each senator and representative. Sale of the land was intended to create an endowment fund for the support of colleges in each of the states. Prior to the creation of the land-grant colleges, higher education was predominantly intended for wealthy students and those intending to serve as clergy. The land-grant colleges expanded higher education to different regions and a different class of students. This expansion, however, was still incomplete.
Previously:
Trump and Biden, Republicans and Democrats all agree: affordable Chinese cars should be banned
Related:
Trump’s attacks on Chinese cars strike a chord — with both parties
“Ohio knows all too well how China illegally subsidizes its companies, putting our workers out of jobs and undermining entire industries from steel to solar manufacturing,” Brown said in a statement. “We can’t wait for China to run this same playbook in the auto industry — we need strong rules, including but not limited to tariffs, to stop a flood of Chinese electric vehicles that threaten Ohio auto jobs.”
…
He said the average price gap between a Chinese vehicle and its U.S.-made counterpart ranges from 44 percent to 179 percent. “That is a massive gap,” the executive said. “Tariffs alone aren’t going to take care of that.”
Reuters: Mexico yields to US pressure on incentives for Chinese car makers
He said that such incentives have declined during the government led by President Andrés Manuel López Obrador, who took office in late 2018, although they have been offered to large investors such as Audi.
Hypocrisy, Thy Name is the United States:
Read More »US Artillery Capabilities Fall Victim to “Profit Over Purpose,” No Solution in Sight
The Growing Weakness of Western Artillery Capabilities
After decades of waging war against impoverished nations with destitute armies, or no standing armies at all, the US has suddenly found itself in a rapidly changing world where peer and near-peer competitors are outpacing it in military capabilities. Many of these capabilities are showing up on the battlefield in places the US has until recently enjoyed relative military superiority.
The Growing Weakness of Western Artillery Capabilities
Ms. Cat’s Chronicles 
You must be logged in to post a comment.