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View Full Version : China beating US at its own game: subsidized industry



boutons_deux
10-12-2010, 09:55 PM
Silicon Valley’s Solar Innovators Retool to Catch Up to China

But as the companies finally begin mass production — Solyndra just flipped the switch on a $733 million factory here last month — they are finding that the economics of the industry have already been transformed, by the Chinese. Chinese manufacturers, heavily subsidized by their own government and relying on vast economies of scale, have helped send the price of conventional solar panels plunging and grabbed market share far more quickly than anyone anticipated.

http://www.nytimes.com/2010/10/13/business/energy-environment/13solar.html?partner=rss&emc=rss&pagewanted=print

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No way to know, but I bet some if not all of those Chinese subsidies are from the cash US importers/distributors, formerly known as manufacturers, have been hosing into China.