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The push has faced little public resistance because of strong government backing. Even though local residents complain, they have little power to stop projects from moving forward.
“The noise from these turbines is quite loud,” said Wang Cuifen, who lives on a small farm outside Yancheng, near the base of towering turbines in a tidal zone. “They run nonstop from around 4 p.m. to 4 a.m., and it affects our rest.”
The Tyranny of Wind Power in the hands of Evil China!!!
In 2009, the United States challenged China’s local-content requirements as a violation of its World Trade Organization commitments. China dropped the rule soon after.
But Beijing quickly tilted the field again, designating wind power as a strategic sector and favoring domestic firms. Chinese wind farms soon stopped buying from foreign manufacturers’ local factories. Over the next decade, those companies shuttered sales offices and turned their Chinese factories toward exports.
Beijing also poured subsidies into homegrown firms. When Ming Yang Smart Energy, now the world’s third-largest wind turbine manufacturer, went public in 2010, its prospectus said it “obtained land and other policy incentives from local governments.” The disclosures also detailed how these municipal governments bought turbines from only Ming Yang for their wind farms.
Cheating! That’s cheating! You’re not allowed to do that, China!
Abroad, Chinese manufacturers are encountering political resistance to their selling fully built turbines in Europe, although they have had more success selling components to European manufacturers. In March, the British government blocked Ming Yang from installing offshore wind turbines in British waters, citing national security concerns.
Saved from the Red Dragon’s Windy Breath. Thank goodness we have so many Good Eggs running the UK. I’m sure the skyrocketing energy prices aren’t a concern.
The European Union has opened an anti-subsidy investigation into imports from China’s state-controlled Goldwind Science & Technology Company, the world’s largest turbine maker. After preliminary findings pointed to subsidies that may violate trade rules, regulators may impose tariffs on Goldwind — a move that could prompt Chinese retaliation.
#Winning
My favorite part here is how we’re constantly told that state planning doesn’t work and that’s the reason we need free markets that aren’t regulated and why government subsidies are bad. Yet, when China starts outcompeting the west on every front using state planning, all of a sudden we get all this whinging. It’s like if your model is so good then what are you complaining about. Every country can run its economy any way it likes, but doesn’t get to tell other countries how to run theirs. If our model can’t compete then maybe it’s the one that needs to change and not China’s. Just a thought.
It’s like if your model is so good then what are you complaining about.
The model guarantees that Western financial interests always come out on top. When Chinese industrial interests stop playing the game of profit-maximization and start flooding the market with low-margin high-value commodities, they’re engaging in 19th century industrial expansion rather than 21st century financial rent-seeking.
I’m not a “China is secretly doing a Super Capitalism” guy, but I can definitely see why the Super Capitalists are alternately very nervous and very pissed. If Chinese firms were doing Super Capitalism, this would be a great way to gobble up a bunch of market share and force western businesses into a lower-value supporting role.
Yeah, very different goals within the two systems.
Sure.
One’s a centrally planned economy seeking to minimize social upheaval.
The other is a fully-privatized plutocracy seeking to back-door chattel slavery and feudal aristocracy.
But because of the absolute brain-rot that is western media, folks in the US/EU still can’t tell the difference.
