I think they will also have to subsidise or otherwise incentivise manufacturing in their own countries to develop it but like I said their labour costs are lower than in China so they have some competitive advantage there already. I agree it’s bad that the capacity is not more distributed but I don’t believe that China’s internal subsidies will prevent any country from doing this, only post industrial countries which already have the money to buy large amounts of Chinese exports.
I think they will also have to subsidise or otherwise incentivise manufacturing in their own countries to develop it but like I said their labour costs are lower than in China so they have some competitive advantage there already. I agree it’s bad that the capacity is not more distributed but I don’t believe that China’s internal subsidies will prevent any country from doing this, only post industrial countries which already have the money to buy large amounts of Chinese exports.
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