Can you subsidise 15% to boost up local sale by 100% on local products? Can US do it like China? Why SO?
The Chinese government is offering subsidies to encourage consumption in order to bolster the economy.
< http://news.bbc.co.uk/go/em/fr/-/2/hi/bu… >
China learn from Taiwan issues of Purchase Vouchers NT3000 and they do it by discount of electronic goods to rural region by 15% to save local producers.
As can see the purpose of action:
1) To let the have not, have it as a joy.
2) Save the industries, save jobs
3) Expenditure spread for whole country
4) Open up the market
As can see the purpose of action:
1) To let the have not, have it as a joy.
2) Save the industries, save jobs
3) Expenditure spread for whole country
4) Open up the market
Duke……U misunderstand the process. If you subsidise the manufactured goods to bring down the price for export, it valid the rule in WTO. If you discount your local products in purchase power for local to boost up the transaction, is not wrong. If possible, can give them free when Govt can afford it. The doing is the same as those giving out purchase vouchers to citizen to buy products like Taiwan and other countries..
Duke……U misunderstand the process. If you subsidise the manufactured goods to bring down the price for export, it valid the rule in WTO. If you discount your local products in purchase power for local to boost up the transaction, is not wrong. If possible, can give them free when Govt can afford it. The doing is the same as those giving out purchase vouchers to citizen to buy products like Taiwan and other countries..
Duke……U misunderstand the process. If you subsidise the manufactured goods to bring down the price for export, it valid the rule in WTO. If you discount your local products in purchase power for local to boost up the transaction, is not wrong. If possible, can give them free when Govt can afford it. The doing is the same as those giving out purchase vouchers to citizen to buy products like Taiwan and other countries..
the chinese adopt a basically egalitarian philosophy and want to see that even the poorest can get some luxury goods that have been so long only for the rich. USA does not share that philosophy. so, USA business and govt., will not adopt a policy of subsidizing luxury goods for sale to the poor. they want to maximize per unit profitability on these items, and do not care if a few thousand people lose jobs and livelihood in the process.