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Wait, How Much Money Does China Spend on its Industrial Policy?

May 24, 2022

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The Wall Street Journal ran an editorial this weekend dumping on everyone involved in the fight over the Commerce Department investigation of solar panel imports from four countries in Southeast Asia. The investigation is exploring an allegation that these imports are in fact Chinese-made and are being rerouted to avoid U.S. anti-dumping duties, which is called “circumvention” in trade law.

Now, yes, I know, the Wall Street Journal editorial board taking a dim view of both trade enforcement and clean energy is not exactly a shocker! Still, it reminded me of a years-old outtake from Late Night with Conan O’Brien in which a dude dressed as Spock appears outside a theater and flips off all the fans queued up for the premiere of a Star Wars movie.

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