The Chinese government has stopped direct subsidizing solar panels years ago. I think it was around 2019? This resulted in a lot of companies going under at the time.

It did not stop solar panels getting cheaper and cheaper because of the whole integration and mass production (with healthy free market competition).

The last subsidies like export value-added tax rebates for solar panels and lower rebates for batteries are ending in 2027.

China their main power is, the ability to have everything inhouse. Yea, they subsidize a lot of stuff until it hits critical mass, and then you have often a healthy industry with lots of competition.

China alone has like a few 100 car manufactures because of the subsidies, and over time there will be consolidation / buyouts etc but the end result is a healthy new industry that exports. With again, everything internally being produced.

This is why our subsidies fail. We do one sector, often a few companies at best. This results in few competitors, expensive prices, and often reliance on externals that can bankrupt those companies. And que how we wasted again dozens of billions in propping up a industry with no competitive edge.

People can cry about China but they are actually doing work, despite the mass amount of corruption. That is the big difference with here... Mass corruption got in the way of national security, plop, people go to jail. Industry quickly gets their ** together. Here ... give billions, and the money vanishes, with no real consequences.