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Yep
1/
Indeed.
There is a great section in Apple in China describing how such schemes subsidized Honhai (and indirectly Appel) back the day. Keith Bradsher has reported on EV factories built to spec by local governments
2/
Never would happen in China ...
3/
And of course there is no such thing as too much investment in China ...
4/
never have heard this before :)
5/
Anec-data and Chinese data all align here
7/7
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