China has spent considerable government resources to develop advanced electric technology industries, such as those that produce electric vehicles, lithium batteries, and solar panels. These efforts have spilled over to international trade as improvements in price and quality have increased the global demand for these goods. One consequence is that passenger cars and batteries have been disproport...
**STEELMAN:** China's strategic industrial policies have successfully positioned it as a global leader in electric technologies, driving down costs and accelerating adoption worldwide. The rapid growth in EV and battery production, coupled with dominant market shares in key export markets, demonstrates the effectiveness of state-backed investment in shaping competitive industries. Even in solar panels, where falling prices have reduced export revenues, China's cost competitiveness has maintained...