How China Rose to Lead the World in Cars and Solar Panels
How China Rose to Lead the World in Cars and Solar Panels
Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere.
cross-posted from: https://lemmy.ml/post/15694978
How China Rose to Lead the World in Cars and Solar Panels
“Investing in green energy.”
That could be the full article. We all saw all the think pieces and trends about how green energies will be the next big market. But the US didn’t invest in it, deciding to “let the free market decide” and we all junked our jeans on machine learning. So here we are, consuming more energy than ever while other countries saw the trends, invested in green energies, and here we are.
How China Rose to Lead the World in Cars? The same way Japan took over auto production - US corporations were too comfortable doing things the way they always did.