I took it out of the meme to avoid seeming cluttered, but I must mention that they don’t just want USian corporations to have the monopoly. Renewables are at odds with capitalism and capitalists know oil is more lucrative than less labor intensive alternatives. Ted Reese makes a strong explanation for the lack of adoption of hemp and solar in SoE.
Did they subside it that much? They are highly subsiding solar power and EV, but sadly that’s all over a drop in the bucket.
And also they’re mostly doing the above to destroy non-chinese companies on those markets but that’s something else entirelyI’d call half a trillion in a year a lot. Nonetheless I agree so much more needs to be done especially in a collaborative way, but isolated China’s holding their weight especially compared to the United States and Europe.