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I mean they're clearly vital to China, but private industry receives tons of subsidies in the U.S. too, 'defense' contractors, fossil fuels, farming... It's a p
by Matl 3y ago
I mean they're clearly vital to China, but private industry receives tons of subsidies in the U.S. too, 'defense' contractors, fossil fuels, farming... It's a pretty normal thing for a government to do regarding sectors it considers important. Obviously that buys them influence, in China and in the US alike.