This is CBSI on the world. I'm John Batchel.

The People's Republic of China, manufacturing for export.

The word dominance.

I welcome David Ebert, a senior fellow at the American Institute for Economic Research,

senior research fellow, writing most recently at Civitas Outlook, senior fellow at the American Institute for Economic Research, Senior Research Fellow,

writing most recently at Sibbutus Outlook with his colleague, Peter Earl, about Chinese

dominance in manufacturing. And is the U.S. intending to match it? Is the U.S. intending

to answer the so-called on-shoring or French shoring? Is the U.S. intending to answer the so-called onshoreing or friend shoring?

Is the U.S. interested in manufacturing at scale that the Chinese right now produce?

Dave, a very good evening to you. Thank you for this.

The answer to all of the above is we don't know, which is why your piece is so helpful to explore.

What about China manufacturing? The stories

over the years, now backed up by statistics, are that it's a product of subsidization by the

Chinese Communist Party, by the state, and the level of competence is a direct result of that

faith in the future of the export model. Is that accurate? Does that

explain the Chinese domination? Good evening to you. Well, good evening to you too, John. Thanks so much

for having me tonight. So China's manufacturing dominance, if you will, is really fundamentally a result

of two things. One, as you mentioned, is the massive state

subsidies toward that industry. Latest reports that we've seen suggest that it's over a trillion

dollars per year, which is just a mind-bogglingly sum. But the other side that Americans understand

in other contexts, but have underappreciated in the manufacturing context,

is that they have a lot of people.

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