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China is doubling down on electric vehicle subsidies

When it comes to spending government money in the private sphere, China is second to none. Now, the country is doubling down on subsidies for the production…

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China Is Doubling Down on Electric Vehicle Subsidies

Electric vehicles are not a bad thing, especially in heavily polluted China. But the market should drive demand, not central planners.

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Wall-street-journal

Why China keeps making more cars than it needs

Despite overcapacity, government officials keep supporting automakers, unleashing “new productive forces” and adding to trade tensions.

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