Comment by bob778
19 hours ago
This is the key though: it’s not just supposed subsidies, because the Chinese companies are fundamentally just faster and more efficient
19 hours ago
This is the key though: it’s not just supposed subsidies, because the Chinese companies are fundamentally just faster and more efficient
I would argue the real answer is world class supply chain for high tech manufacturing. And that supply chain is heavily subsidised.
Not just subsidised, but the supply chain is literally in the same block.
That's the thing Chinese do where other countries can't compete. If you're making product X, all of your suppliers are within walking distance around your assembly line.
In Europe they might be 4 countries over.