How Chinese Subsidies Changed the World
Harvard Business Review
APRIL 25, 2013
This news followed the bankruptcy in March of Wuxi Suntech , the main operating subsidiary of the world''s largest maker of solar panels, after it defaulted on a $541 million bond payment. In 2000, labor-intensive products constituted 37% of all Chinese exports; by 2010, this fell to 14%. In parallel, from 2004 to 2011, U.S.
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