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> There should be no reason for the international market to think they can get some of that money. Unless the Chinese companies receiving the subsidies are bar
by aianus 7y ago
> There should be no reason for the international market to think they can get some of that money.
Unless the Chinese companies receiving the subsidies are barred from exporting their products, then the global market will buy those subsidized products and global unsubsidized competitors will suffer.
You are not allowed to export state subsidized products per WTO rules.
- reaperducer 7y agoYou are not allowed to export state subsidized products per WTO rules. The Chinese government is well known for propping up domestic companies and playing favorites, and now suddenly you think it cares about international rules?
- aianus 7y agoNo, I don't think they care, but the rule is there on the books. It is obviously up to the other members of the WTO to enforce the rules.
- deleted 7y ago[deleted]
- robocat 7y agoSurely the US stimulus package counts as a government subsidy to uneconomic private business?