Hacker News Reader

Here’s one - China flooded the global market with cheap solar panels that undercut everyone else in an effort funded by the govt. It made building massive solar projects cheaper but it decimated the domestic solar production around the globe because they couldn’t compete.

View on HN

Except... that's just the first part. Where's the second part where they "do whatever they want" (I assume this meant raise prices)? Even after winning, they haven't done this. Why?

The goals of a nation-state are not the same as those of a corporation. Having a monopoly on a strategically important industry is valuable in and of itself, especially when viewed from a geopolitical perspective. Just look at what's currently going on in semiconductors.

Reply on news.ycombinator.com