Reply to post: Re: State subsidies will allow Chinese firms to eat everyone's lunch

China may stick to its own DRAM memory soon – researchers

bombastic bob Silver badge
Devil

Re: State subsidies will allow Chinese firms to eat everyone's lunch

the proverbial crap is already hitting the fan regarding the 'dumping' of solar tech. I've heard ads on the radio regarding tariffs next year on imported solar stuff, "get it done now before the price goes up", that kind of thing.

(this was apparently done before, during the Obaka administration, and Trump recently adjusted the tariff amount, but not as much as some people wanted, nor so much that the industry is harmed).

As long as China subsidizes its state-owned business [don't anyone be fooled; it's heavy socialism with a communist influence over there, so "state-owned" is as good of a description as any] and pay their employees 'slave wages' to make things, they'll always undercut EVERYONE on price. So a little bit of protectionism is acually a GOOD thing in this case. Because the NEXT step is to destroy all other competing manufacturers, like the 'Robber Barons' of the late 19th and early 20th century were doing, by making it economically IMPOSSIBLE to compete.

Still there are other problems with domestic production of solar panels, environmental regulations being one of them [these could be made more 'common sense' to alleviate THAT problem].

So there are things that can be done, things that should NOT be done, etc. but we cannot IGNORE that China is engaging in "unfair business practices" in a lot of ways.

You can't blame them entirely, but you shouldn't make it EASY for them to do it, either.

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