Thanks. [1] in particular is a very interesting read. If I understand it correctly, it's all through subsidy of generation rather than directly of manufacture? That is, while there might be subsidy ensuring demand for the product, if you purchase a solar panel from a Chinese producer at any time during this process there wasn't a direct subsidy included in that cost? Just a guarantee over that time of enough demand to keep the factory chugging along?

That is, it's identical to Western-style renewable subsidies?

> it's all through subsidy of generation rather than directly of manufacture

At least at the federal level, this seems to be the case.

> it's identical to Western-style renewable subsidies?

At least early on, most Western subsidies didn’t discriminate based on where the panel was produced. We also don’t have visibility into provincial books, where if how they treat coal is any indication, where the plants are there to buy coal from their coal mines, there is probably cross subsidy.

But given what we know, one could argue they’re structurally similar, at least in respect to what we’re doing now.