SEARCH BLOG: CHINA
Now, Changsha and two adjacent cities are emerging as a center of clean energy manufacturing. They are churning out solar panels for the American and European markets, developing new equipment to manufacture the panels and branching into turbines that generate electricity from wind. By contrast, clean energy companies in the United States and Europe are struggling. Some have started cutting jobs and moving operations to China in ventures with local partners. [source]Some will argue that is just fine. We get cheap goods to solve our future energy problems. Free trade wins again!
The rest of the story:
But much of China’s clean energy success lies in aggressive government policies that help this crucial export industry in ways most other governments do not. These measures risk breaking international rules to which China and almost all other nations subscribe, according to some trade experts interviewed by The New York Times.Free trade, not a chance; it is time to demand reciprocal trade. China is using trade as a weapon to undermine the manufacturing and strategic capabilities of the United States and Europe. This is beyond the ken of economists.