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Comment by creato

1 day ago

> Between 2005 and 2024, Chinese firms received on average three to eight times more subsidies than competitors in OECD economies.

https://www.oecd.org/en/blogs/2026/06/industrial-subsidies-h...

I can't read this seriously while being unable to buy any Chinese EVs here in the US.

  • You can't buy Chinese EVs in the US because China is overtly running a dumping campaign for them. It's an interesting story, read up on it!

    • That is (factually) a giant overstatement, and ignores domestic US politics.

      It's almost like you believe the US remains interested in promoting free trade.

      If it did, it wouldn't be levying illegal and constantly changing import tariffs, in violation of international trade agreements that it has signed up to.

      1 reply →

    • I read up on it, and it's not clear to me that it's actual dumping.

      As in "selling below the cost of production".

      I would say that China is trying to steer the car makers away from competing locally, as it's going to result in a price war. But that's not quite dumping per se.

What’s the level of subsidy that’s ok?

  • I'll take a stab. How about something like not more than 50% greater than OECD average per industry? My point: It seems reasonable that some countries was to specialise in certain areas. For example: Taiwan and (East!) Germany chose to build-out their semiconductor industry starting in the 1980s. It has paid pretty good dividends with a healthy amount of industrial subsidies. I also think the OECD should be raising tariff rates to protect against ridiculous levels of Chinese subsidies.

    • Appeals to fairness are difficult to accept when the rest of us out here in the world have been hurt by the US imposing tariffs and sanctions on us over the past few decades, and with intense chaotic energy in the last few years.

      How do we make a system everyone is to abide by when the US can just rewrite the rules when it suits? Order collapses when a huge country behaves this way.