alt Hacker News> But thats also an admittance that the American labs can’t compete on merit anymore
It’s more an admittance that the capitalist model can lose to a more socialist approach, unless you “fight fire with fire” and use the government to distort the market for you.
Free market does not mean breaking laws.
China is not socialist.
The issue here is the lack of rule of law in China. Not sure this would really fix that, though.