@marcosagusstinn I'm not aware of anybody, who has a modicum of knowledge on the subject, make that claim. It is, in any case, irrelevant as China is now on the brink of establishing an unassailably dominant position with cheap energy, vast resources and leading technologies.

@marcosagusstinn China's subsidies are real. But 'strategic ambition from the state' gave us 700 GW grid queues and 70,000+ North Sea jobs lost. How does more state fix state failure?

@marcosagusstinn Europe needs much more strategic ambition from the state, today it needs protocols to accept or reject Chinese investments https://brujulaeconomica.blogspot.com/2026/06/europa-ante-el-shock-chino-10-y-20.html https://brujulaeconomica.blogspot.com/2026/06/parte-v-conclusion-anexos-y-bibliografia.html

@nprotagonistx @marcosagusstinn China has a long term plan so their subsidies are not wasted

@marcosagusstinn Not all state capital distorts markets equally. Sovereign wealth into institutional infrastructure like ADGM and DIFC creates investable structures that attract foreign allocation. Europe's problem wasn't state involvement. It was the absence of it where it mattered.