alt Hacker NewsWhile Americans very frequently complain that the Chinese state subsidizes various industries, I am astonished that they do not see any similarity with the fact that I never heard of any really big investment project in USA, e.g. the building of any new big factory or new company headquarters, that was done otherwise than after receiving very substantial tax reductions of various kinds from the local government of the place chosen for the project. In many parts of Europe those kinds of tax reductions would be illegal, being considered a form of state aid for a private company.
And yet virtually all European lawmakers get $ from governments threatening to cut jobs.
Many countries actively lose money for those jobs, Serbia is an example. They go to extreme lengths to underbid competition for stellantis factories and get a net negative impact.
If you can't survive without taxpayers paying the bills, just die ffs.