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yogthos OP ,
@yogthos@lemmy.ml avatar

China spent decades investing into their industry, and developing the skills needed to have the vertical climb we’re seeing. Nobody has a lock on it, and I never said that others can’t do it. What I said was that it will take significant time to do, and Chinese companies will have a market advantage during that time.

It’s also worth pointing out that the reason China is able to do these things is due to the fact that it retained ability to do state planning and it has large scale state owned industry. On the other hand, US ended up being largely deindustrialized because it’s run by financial capitalists who don’t see such industry as being profitable. I recommend reading this article explaining the dynamics of this americanaffairsjournal.org/…/the-value-of-nothing…

US would need to either provide massive subsidies for businesses to make this appealing or create its own state industry. Seems to me that neither option is likely given the current political climate in US and the financial situation it finds itself in.

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