…. your narrative is not the underlying drivers behind the trade war. It is about fair trade and China's practices are nothing but fair. Stealing, forced technology transfer and restricted market access. It complains about things that it has been actively conducting. For example, Google and Facebook have long been banned from market access in China. SOE's are basically state owned and run enterprises. So in effect it is about competition between commercial and state. That is not level playing field and the WTO forbids but unable to rule on. The notion that Huawei is employee owned is just BS. The founder owns 1% and the rest held by a trade union i.e. the state. Employees own phantom shares which is basically profit sharing. That is not ownership.
Mainstream economists say the trade war is about fair trade. Politicians parrot those talking points. The reality is that the trade war is about the US attempting to limit China's economic development. If you are so worried that private businesses cannot compete with a state then maybe you should stop supporting the loosing side. You don't even need to care about helping the poor you can be a state capitalist and still have fun seeing profits go up and up.
Also China's SOEs are better than just worker owned cooperatives. China is a democratic state, the government uses the Mass Line to learn about the citizens interests and also refine and align both individual concerns and general social policy. Therefore, the state owning an enterprise is the same as the employees+citizens at large owning it. The joint ownership by employees and the citizens of a country in general is superior to simple employee ownership as it ensures there is a check against employees of a certain industry acting in their self interest against the country as a whole.
In contrast, the western democracies are in fact oligarchies where business owns the state and businesses themselves are owned by a small fraction of the population. It's no surprise that laws passed by congress have no correlation with the opinion of the general public but correlate very well with what the top 1% want. Rule by the few, through and through. Well at least we can all be serfs one day on Zuckerberg's manor. Hope we don't get conscripted when we decides to annex territory of house Google (sorry Alphabet).
