General topic aside:
Because having an idea doesn’t automatically mean you get to sell it. China is stratehically subsidising promising sectors to create national champions and subsequently crush foreign competition by flooding the market with dumping priced goods.
An intelligent strategy but its seems like a double-edged sword as China doesn’t seem to freely share own innovations with others due to competitive reasons.
General topic aside: Because having an idea doesn’t automatically mean you get to sell it. China is stratehically subsidising promising sectors to create national champions and subsequently crush foreign competition by flooding the market with dumping priced goods. An intelligent strategy but its seems like a double-edged sword as China doesn’t seem to freely share own innovations with others due to competitive reasons.