Inside China Business China’s enormous subsidies come from trading profits. US and European subsidies come from taxpayers.

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео является собственностью канала Inside China Business. Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал: @Inside_China_Business. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: CATL and SMIC are two giant Chinese companies that are often singled out by Western think tanks as two firms who benefit from China’s subsidies, at the expense of foreign competition. But all industrialized countries employ government subsidies, which help favored domestic industries grow. China, however, uniquely can invest in preferred sectors by channeling its massive trading surpluses, and providing low-cost access to its world-leading supply chains and logistics systems. In contrast, North American and European companies who seek government incentives and subsidies are competing with other spending priorities, as all the funds come from taxpayers. This reality requires of companies seeking government help to do so through proxies, lobbying efforts, and through think-tanks who create research that can be published and used by lawmakers to justify the use of taxpayer funds. Resources and links: Forbes, As Obama Takes Victory Lap Over Auto Industry Rescue, Here Are The Lessons Of The Bailout White House, FACT SHEET: President Biden Announces Up To $8.5 Billion Preliminary Agreement with Intel under the CHIPS & Science Act GAO, As TARP Turns 10, Looking Back at the U.S. Government’s Assistance to the Banking Sector Visual Capitalist, China Trade Partners, US Trade Deficit Bloomberg, China Says Europe’s Soaring Trade Deficit Is Its Own Fault The limits of economic incentives Top 100 Funds, by asset owner California State Teachers Retirement System (CalSTRS) Teacher Retirement System of Texas Reuters, CATL earnings slip masks charged-up ambitions Wall Street Journal, The U.S. Has Been Spending Billions to Revive Manufacturing. But China Is in Another League. CATL Revenues, by year SEC, Apple Bond Offering, $7bn tranche 2018 Calpers, Investments abstract Heritage, The Great Train Robbery: taxpayer subsidies for Amtrak should be derailed Another $100 billion needed to complete California’s bullet train project CSIS Corporate Donors Chinese firm SMIC becomes the world’s second largest wafer foundry Closing scene, Sichuan Province