IMF calls on China to cut industrial subsidies in half

Posted by Extreme_Rocks

3 Comments

  1. Submission statement: Important to the argument over trade with China and market distorting subsidies

  2. aspiringSnowboarder on

    i understand subsidies to foster a new industry and become a world leader, but once you’re at the point where you produce more than the rest of the world combined, times two, arent the subsidies just inefficient and VERY expensive? i guess yeah since thats what the IMF found

    i guess my question is, why do they feel the need to continue subsidizing EVs, solar panels, ship buildings, cargo, etc ?

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