SloveniaThe article discusses the reasons behind China's success in new green and electrification technologies, attributing it to a 15-year strategic development and industrial strategy known as 'Made in China 2025.' It highlights the combination of subsidies, tax incentives, low-interest loans, state-owned banks, public orders, research support, technology standards, local production, cheap land and energy, and domestic demand stimulation. The author argues that this created a large domestic market for new technologies, enabling learning through production, economies of scale, and development of entire supply chains from raw materials and batteries to finished vehicles. The piece contrasts this with Europe's approach, suggesting that while the EU has created a fast-growing market for electrification through green transition and regulation, it lacks comparable developmental, financial, energy, and technological policies. As a result, China filled the gap. The article emphasizes that this 'second Chinese shock' is equally due to China's strategic decision-making and Europe's implementation shortcomings, particularly in the automotive industry where German manufacturers continued to profit,卻
Bias read (Progressive): The article frames China's technological advancement as a result of strategic planning and systemic support, which aligns with leftist economic perspectives emphasizing state-led development and collective investment. It criticizes European regulatory frameworks and implementation capabilities as 'n
