Comment by bmitc
13 hours ago
Why do people always bring up state support when it comes to China? As if the U.S. doesn't provide massive tax breaks and explicit funding to industry?
It's on every tech post about China, as if it gives them some sort of "unfair" advantage.
Because the scale of the subsidization is unimaginably different.
The US is trillions in debt pal. Talk about unfair advantages!
The scale of public spend is probably much higher in the US..
yep. the ppp loans alone dwarf any state subsidies any other country has ever done
How much is it?