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> opening an inquiry into whether Chinese producers of hot-rolled, stainless-steel sheets and coils receive market-distorting government aid. The elephant-in-t
by canada_dry 7y ago
> opening an inquiry into whether Chinese producers of hot-rolled, stainless-steel sheets and coils receive market-distorting government aid.
The elephant-in-the-room wrt all of China's heavy industry is the utter lack of regulations and controls (human and environmental) that put them at an incredibly unfair position - without needing any additional subsidy from the gov't. Their production costs are a fraction of any developed country.