https://www.reuters.com/markets/commodities/chinese-trade-fair-exporters-despair-their-goods-are-as-cheap-cabbage-2024-04-16/
It seems, once China gains the industrial dominance in an industry, the support quickly moves on.
Below is the last couple of paragraphs from the article. The last sentence caught my eye:
In particular, U.S. and European officials have stepped up complaints that China's strategic push to strengthen and upgrade its manufacturing complex exacerbates industrial overcapacity and drives down prices to levels other economies can't compete with.
However, some of the higher-tech manufacturers at the fair were more upbeat.Xiao Yanmei, general manager of Guangdong Doni Intelligent Robot Engineering, which makes self-navigating machines that disinfect factory floors or distribute parts to assembly lines, said her business grew 10-20% in the first quarter.Xiao said government support for the advanced manufacturing sector was strong, including tax rebates and funds for equipment upgrades."When our country channels its national strength to develop an industry, the forces can be very powerful," she said.
