Where once the West relied on China's lack of environmental enforcement to tamp down rare-earth prices and implicitly subsidize high-tech goods, in the future the nature of the subsidy will change so that China's cheap(er) labor will subsidize Western mid-tech goods.
Third, although we subsidize employer-paid insurance in some cases very generously there is virtually no subsidy for people who obtain insurance on their own.
China will subsidize electric vehicles sold in 25 cities, expanding from the current five cities, and adopt a unified national subsidy standard, The 21st Century Business Herald reported on Wednesday citing China Association of Automobile Manufacturers.