China Passes Tariff Law as Tensions with Trading Partners Simmer Amid Escalating Trade War with US on Nostr: China's Industrial Dominance and the West's Response =============== #52f5979e ...
China's Industrial Dominance and the West's Response
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#52f5979e ver:1.87
China's industrial dominance is fueled by government support and intense competition among private companies. They accounted for 85% of global clean-energy manufacturing investment in 2022, with over 80% control of solar panel manufacturing. In response, President Biden and European leaders are adopting similar tactics to nurture their own manufacturing capacity. This shift represents a departure from open markets, with tariffs imposed on Chinese green technologies. To effectively compete, the US and Europe must coordinate protectionism and subsidies in key industries. #China #industrialdominance #manufacturing #competition #tariffs...
#newstr #China #IndustrialPolicy #CleanEnergy #SolarPanels #ElectricVehicles #Manufacturing #Tariffs
https://here.news/story/52f5979e?ver=1.87
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#52f5979e ver:1.87
China's industrial dominance is fueled by government support and intense competition among private companies. They accounted for 85% of global clean-energy manufacturing investment in 2022, with over 80% control of solar panel manufacturing. In response, President Biden and European leaders are adopting similar tactics to nurture their own manufacturing capacity. This shift represents a departure from open markets, with tariffs imposed on Chinese green technologies. To effectively compete, the US and Europe must coordinate protectionism and subsidies in key industries. #China #industrialdominance #manufacturing #competition #tariffs...
#newstr #China #IndustrialPolicy #CleanEnergy #SolarPanels #ElectricVehicles #Manufacturing #Tariffs
https://here.news/story/52f5979e?ver=1.87