People make a fuss about China unfairly subsidizing its auto industry but this is exactly how subsidies should work.
USA meanwhile has spent over $120 billion to prop up its own auto companies over the last two decades and has nothing to show for it except some very rich executives, and that is considered rugged capitalism at work.
USA meanwhile has spent over $120 billion to prop up its own auto companies over the last two decades and has nothing to show for it except some very rich executives, and that is considered rugged capitalism at work.