You're being beaten by a Chinese company? Why improve your own process when you can just lobby for sanctions and tariffs instead!
For a brief second, Germany was in a position to become a solar power global player. But our conservative government was more interested in protecting their local, bad industry. Including destroying forests for coal all projections said we would never actually need.
The main advantages the Chinese car industry has right now are: they lead in battery R&D, production is highly automated, they iterate quickly, Chinese work culture is extremely competitive and things get done fast, and the Chinese state has policies to promote EV adoption, so there's a huge domestic market.
Note that the last point is different from subsidies to car manufacturers. Cities made it difficult to get license plates for ICE cars. The government encouraged the massive buildout of charging infrastructure. And it used consumer rebates, like California did.
but it's also thanks to protectionism, and their strictly controlled (not freely traded) cheap currency.
if china had to play by the same rules as japan or germany it would not be quite as successful. but the west walked into this trap, hoping their win-win proposal would be satisfactory for all. now the west is too dependent on chinese production to enforce equal standing.
of course the US has its own unfair advantages, e.g. the global reserve currency and the massive post-WWII headstart.
Hostile spy agencies are now as focused on infiltrating western universities and companies as they are on doing so to governments, according to the former head of Canada’s intelligence service.
David Vigneault warned that a recent “industrial-scale” attempt by China to steal new technologies showed the need for increased vigilance from academics.
“The frontline has moved, from being focused on government information to private sector innovation, research innovation and universities,” he told the Guardian in his first interview since leaving the Canadian Security Intelligence Service (CSIS), which is part of the “Five Eyes” intelligence sharing alliance with the US, UK, Australia and New Zealand.
These people don't get that academics publish their research in openly available journals. They go to conferences around the world and tell everyone who will listen exactly what they are working on. Unless you're working in a secretive government weapons lab, there's nothing to hide.
In the US, people like Mr. Vigneault instituted a witch hunt against ethnically Chinese researchers, and ended up messing with the lives of all sorts of innocent people, including the director of MIT's mechanical engineering department. They found zero spies. Just a bunch of scientists working normally.
Dumping is selling goods below cost.
Usually because government is subsidizing part of the production. I don’t believe the word “dumping” is used for the similar process when Venture Capital is subsidizing it, but using the same term would make sense.
Price at home vs abroad does not matter.
This is not what is happening here. Chinese manufacturers are making a large profit off every car they sell in Western markets. As I said above, they're selling these cars at several times the price they charge in China. Unless you believe these cars are being sold at just 30% of cost in China, there's no way Chinese companies are selling below cost in the West.
Chinese cars are not sold below cost in Western markets. So it is not dumping.
I've been doing so for years. How about you join me today. I already see two other users doing the same, so there'll be at least 4 of us.
It's blatantly dumping, whether the source of the money is directly the government (those in power) or VC (mostly US billionaires (trillionaires?), in other words, those in power) is a trivial implementation detail.