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>state-sponsored companies Your comment reads as if there's something wrong with state-sponsored companies but there really aren't and everyone does this inclu
by Dah00n 5y ago
>state-sponsored companies
Your comment reads as if there's something wrong with state-sponsored companies but there really aren't and everyone does this including the US and Germany. How they do it might differ but the end result is the same. Directly, tax cuts, giving foreign aid that have strings attached like the US does with almost all its "aid" ("we give you $XXX million and you agree to use it to buy from US defense contractors A, B and C" isn't aid - it is state-sponsoring of companies). It is only seen as a problem in the West when done by a country like PRC and it hurts a company in a country like the US or Germany - never the other way around. I don't know what to call it but it smells like a mix of nationalism and racism.
- encoderer 5y ago[flagged]
- dang 5y agoNationalistic flamewar comments like this one will get you banned here, regardless of which country you have a problem with. That's because nationalistic flamewars are among the most repetitive and nastiest discussions the internet has to serve up. This is exactly what we don't want on this site, so please don't do it again. If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html and taking the intended spirit of the site more to heart, we'd be grateful.
- prewett 5y agoI think the difference is what the effect is. If China or the US or whoever subsidizes its own industry, people complain but it's not a big deal. I've never really heard any complaints about any of China's state-owned enterprises. Nobody complains that China sells electricity inside China for less than the cost of production; nobody complains about US farm subsidies. What people complain about is when it alters market dynamics. Selling solar panels below the cost of production (I assume that's what happened) upsets people.
- Balvarez 5y agoI think Mexican corn farmers would disagree with you on US farm subsidies.
- deleted 5y ago[deleted]