Every advanced economy in the world (UK,US,Germany,Japan, NorthEast Asian Countries etc) at one point or the other protected and supported it's industry at infancy till they became globally competitive.
Economic historian Paul Bairoch dubbed the
United States ‘the mother country and bastion of modern protectionism’
Why shouldn't China support and protect it's industries?
As a Nigerian living in Nigeria. It's sad to see how a lot of sub-sahara africa countries take certain actions that hurts them in the name of free trade.
Every advanced economy in the world (UK,US,Germany,Japan, NorthEast Asian Countries etc) at one point or the other protected and supported it's industry at infancy till they became globally competitive.
Economic historian Paul Bairoch dubbed the United States ‘the mother country and bastion of modern protectionism’
Why shouldn't China support and protect it's industries?
As a Nigerian living in Nigeria. It's sad to see how a lot of sub-sahara africa countries take certain actions that hurts them in the name of free trade.