I feel like that is not specific to emerging economies.
Given their war manufacturing ability, I expect any govt to support the industry to some extent. I think that China is additionally doing it to strategically weaken their rivals. Both for economic as well as military objectives.
Given their war manufacturing ability, I expect any govt to support the industry to some extent. I think that China is additionally doing it to strategically weaken their rivals. Both for economic as well as military objectives.