[rednb]

Exactly, it's funny how most Americans have no self-awareness on this topic.

And beyond VCs, which are like massive subsidies funded by printed dollars to which no other country has access, even in industries like electric vehicles, Chinese total direct subsidies to their EV companies are like $5bn per year, while the the ones provided by the US to their auto manufacturers are in the range of $50bn per year.

I don't think the US are cheaters or are doing something bad. But i do think that this propaganda about China flooding the market through "overcapacity" and subsidies is very dishonest and needs to stop.

[chaostheory]

The CCP's recent yearly subsidies for China's EV industry ranges from $30 billion - $46 billion per year compared to $10 billion - $20 billion per year for the US. A conservative estimate of total subsidies lands China at about $230 billion while the US was at $70 billion.