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China has flooded the market with so many solar panels that people are using them as garden fencing
(www.businessinsider.com)
this post was submitted on 04 Apr 2024
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Technology
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Part of this is done to kill the US manufacturing sector.
Edit:
My point stands. 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. To be fair, the US punishes China by prohibiting the highest end technology from going to China. This is mirrored in various other industries as well.
"There have been two main reasons for First Solar’s decline. Besides slowdown in Europe, the main reason is the large subsidy the government of China provides to its solar manufacturers. By some estimates, China gave $30 billion to solar manufacturers last year and now China dominates the solar industry with names like Yingli Green Energy, Suntech Power, Trina Solar and LDK Solar."
https://www.forbes.com/sites/greatspeculations/2011/10/25/china-almost-kills-premier-u-s-solar-company/?sh=297c47996e9d
Is it? I get that China is "the bad guy", but does that automatically mean everything China does is intended to hurt the US? Or did they just want to help themselves? Just because the US wasn't in a position to handle it happening, doesn't retroactively make it an intentional attack.
The whole point of mass producing something is to make the process more efficient, which lowers the cost. They also hurt themselves if they accidentally end up oversupplying in the process, as then the price is lowered by a higher ratio than their savings on manufacturing costs.
oye, if America does it, it's opportunity, if anyone else does it it's unfair attacks on America's freedoms. Everyone knows only america is allowed to take profit from capitalism, the rest is just unfair competition.
Maybe America would be happier if the rest of us transitioned to communism. That way America would have all the money and all the profits in the world, and all we'd have is free food, free housing, free healthcare, free utilities, and a society where people can pursue their passions without fear of homelessness or bankruptcy.