cross-posted from: https://lemmy.ml/post/17739149
2 points
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The problem is the same with the solar industry that Germany once had (or any sort of domestic manufacturing, really). Without heavy subsidies they cannot compete with the cheap Chinese prices, making them non competitive on the market.
1 point
It’s not just any products. China as a country is capable of making long-term bets on select industries: they select scientists, they build up regional supply chains, and importantly, they give subsidies, supposedly until Chinese companies have won the market but who knows. Their leadership was clever enough to make a couple of good bets on green tech. And that’s what sets them apart any EU country right now.
3 points
