alt Hacker News"Dumping" is when Chinese companies beat Western ones on the free market. If all claims of Chinese government subsidies on basic products were true, China would've gone bankrupt multiple times already.
You're being beaten by a Chinese company? Why improve your own process when you can just lobby for sanctions and tariffs instead!
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noncoml • today at 5:01 AM
The US spent decades transferring manufacturing, capital, and know-how to China, while Chinese students trained, and excelled, at elite Western universities. Why are people surprised that China eventually became capable of competing with the US?
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Most of the time its just low labour costs and no environmental reg. Its really that simple