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Noah Smith 🐇
@Noahpinion
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A lot of Chinese subsidies are in the form of below-market guaranteed bank loans from state-controlled banks. (This is actually normal for a developing country, but China has taken it a bit too far.)
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Marko Jukic
@mmjukic
You hear people screaming bloody murder that Chinese companies are winning because they are "unfairly subsidized" by the government, then you look up the numbers and it's like $800 million for a company with $52 billion in revenue. If that's all it took, we'd do it too!
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David Watson 🥑
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Emma King
@SVivid9521
Interesting point,
@CharlesMooreX1
. China’s loan-heavy subsidies do turbocharge growth, but you’re right—it’s a fine line between support and overreach. How sustainable is it long-term?
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