1. this seems to be based on misconceptions about how the chinese economy works 2. why haven't they done it yet? is the implication that they will wait until they're dominant in some x number of industries worldwide and then... raise prices?
p.s. how would such "subsidization" work on a such a scale? if you think the EVs, PV panels, etc are cheap because the govt like, just covers the loss on every sale(?) where do they get all that surplus finance to cover labour and resources?
have you considered 'subsidies' can be used for accelerating R&D for national interest rather than some monopolistic plot
Yes, they learnt this from the US, who subsidized Uber for _14 years_, Amazon for 9 years and Youtube for many years until they had destroyed global competition and made everyone dependent on them. This is now happening again with Anthropic and OpenAI, of course.
While saying this did you not consider that subsidized Chinese companies would claim the exact same, with at least the same amount of legitimacy? The whole idea of monopolization is that it becomes impossible for competition to arise.
You also forgot to mention Uber which has had numerous competitors, both on the taxi front as well as food delivery.
> AliBaba has been around almost as long as Amazon.
No idea why it matters how long a company has existed. There are hundreds of thousands of companies that have been around for 2-3 decades.
How is this not any different than US corporations only existing do to hundreds of billions worth of corporate welfare? Good grief, why are American corporations such sore players against actual competition? US elites are absolutely pathetic.
p.s. how would such "subsidization" work on a such a scale? if you think the EVs, PV panels, etc are cheap because the govt like, just covers the loss on every sale(?) where do they get all that surplus finance to cover labour and resources?
have you considered 'subsidies' can be used for accelerating R&D for national interest rather than some monopolistic plot