U.S. Solar Manufacturers Commend Research on China’s Economic Impacts
The Coalition for American Solar Manufacturing (CASM) recently announced it has commended two internationally known academicians on their new research and book about China’s systematic approach to industrial and export subsidies to seize world market dominance. CASM said the book shines urgently needed light on the alarming role of Chinese government subsidies in precipitously mounting industrial and export expansions that can undercut prospects and jobs accompanying U.S. participation in key industries, including solar technology production.
The CASM praised Subsidies to Chinese Industry: State Capitalism, Business Strategy, and Trade Policy by Usha C.V. Haley and George T. Haley. The book explores China’s “hidden advantage” of subsidies for strategic, capital-intensive industries as well as their trade, government and business impacts within the steel, glass, paper, auto parts, and solar industries.