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> China has a surplus of solar power, electric vehicles and lithium-ion batteries that it can ship out to other countries at cheaper prices. What is the differ
by 082349872349872 3y ago
> China has a surplus of solar power, electric vehicles and lithium-ion batteries that it can ship out to other countries at cheaper prices.
What is the difference between this 'dumping surplus' and normal 'manufacturing exports'?
- silverquiet 3y ago"Dumping" is an econ 101 term that means selling below cost in a foreign market to stop that market from developing its own suppliers - it's an anti-competitive practice.
- FactKnower69 3y agoIt's absolutely astounding watching people's contortions trying to make massive investment in green energy somehow a bad thing; it's gotten so absurd that the United States is now crying about markets being too free. You guys should try taking something more advanced than econ 101