US Treasury Secretary Janet Yellen is set to discuss industrial overcapacity with top Chinese officials during her trip to China that starts on Wednesday.
China has been subsidizing their solar industry with massive amounts of government money for over a decade to dominate market share and keep others out.
And if the US weren’t losers, they would have subsidized the solar industry too. They made a greedy, selfish, lazy decision not to make an important investment, and now they’re paying the consequences. Maybe the US should pull themselves up by the bootstraps instead of complaining about it and asking for a handout.
And if the US weren’t losers, they would have subsidized the solar industry too. They made a greedy, selfish, lazy decision not to make an important investment, and now they’re paying the consequences. Maybe the US should pull themselves up by the bootstraps instead of complaining about it and asking for a handout.