Outside of EVs and more broadly China rates near the bottom for market freedom

https://gfmag.com/data/economic-freedom-by-country/

If the broader market is rigged, investors don’t rush in for just one segment.

It's not so much that the broader market is rigged. It's that every major industrial hub funds its own player: BYD (Shenzhen), NIO (Hefei), GAC Aion (Guangzhou), SAIC (Shanghai), etc. It might seem "rigged" to a westerner because it's so subsidized but China has a LOT of industrial hubs and therefore a lot of competition.

The US also heavily subsidizes EVs but the subsidies mostly only go to one company. Just take a look at the mind-boggling amount of subsidies we've given to Tesla both federally and on a state-by-state basis. Nevada's almost 2$ billion being the most blatant https://subsidytracker.goodjobsfirst.org/parent/tesla-inc

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3 hours ago | parent | prev | next [-]

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bparsons 4 hours ago | parent | prev [-]

Interesting definition of freedom. The top three countries happen to be the places most permissive to international tax dodgers.

	▲	Sayrus 3 hours ago \| parent [-]
		> produced by the Heritage Foundation > Twelve are the factors related to four key aspects of the economic environment that are graded from 0 to 100 and averaged to determine a country’s score: rule of law (and related sub-categories: property rights, government integrity, judicial effectiveness); government size (government spending, tax burden, fiscal health); regulatory efficiency (business, labor and monetary freedom); open markets (trade, investment and financial freedom). Quite the definition they made up.