China s overcapacity a smoke screen for U S selfish agendas shangbao.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shangbao.com.ph Daily Mail and Mail on Sunday newspapers.
Свръхкапацитета на Китай - задимен екран за егоистичните писания на САЩ duma.bg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from duma.bg Daily Mail and Mail on Sunday newspapers.
For those who may believe in the ideal of "free trade," it might seem "protectionist" for governments to intervene in international trade and provide subsidies to nurture their own industries. But these days, semiconductor powerhouses such as the US, South Korea, Taiwan and Japan, are all racing to present hefty subsidy programs to boost their own industries based on the fear that the lack of gove.
Last January, China’s government forecast that the country’s economy – which, at the time, was experiencing a strong rebound after the initial pandemic slowdown – would grow by 5.5% in 2022.