The major concern is what if government-funded industry such as this succeeds, thereby encouraging more of it, the slippery slope to state capitalism and then Marx. The term escapes me, but it's some sort of neoliberal woo woo I can't quite remember. It does look rather iffy when you're whaa whaa'ing China for its state-funded industry when you're state funding industry, in other words. Socialism bad. Cooties! Everybody run! All that jazz.