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Ironically, around the same time, China was admitted to the WTO.

On the other hand China is giving us free money/stuff when they sell it below cost.

Yes, so on the short term that’s a benefit. But when it means the us/world doesn’t invest in a crucial piece of our infrastructure that would take many years to establish then it’s a net loss.

> In some sense it's pretty obvious that a free market capitalist system will mostly lose in competition with a state regulated system, if the latter decides it is important to have control of a sector through tying or dumping.

This is not really specific to state control -- it's a classic antitrust problem. A monopoly in one sector leverages it into control of another sector.

The problem being, what do you use for a remedy in this case? The US DoJ can't exactly break up the Chinese government.