So I read a Book by a Korean Economist called "Kicking away the Ladder".

He basically explains that the so called West. First the UK, Then later the US,

Developed their Economies by doing certain things which includes Protectionism, Subsidies for infant industries, Technology theft etc. As soon as they develop they start pushing for Global Free Trade, Intellectual Property Rights, Global Markets and claim their Economies developed because of the later. They, then recommend this to Developing Countries and create all sorts of bodies like the WTO and IMF for the furtherance of this agenda. This of course have the effect of making sure the developing Countries never develop. And their Industries are never competitive and profitable. This is what he calls "Kicking away the Ladder"

A 21st Century Example of how Countries develop infant industries would be Chinese Protection of its EV Companies.

A Chinese EV costs about $30,000. The Chinese Government subsidizes that EV, so that it goes for something less on the market, this is the Only way The Chinese Companies can compete with Industry Leaders like Tesla. When these companies are capable enough. The Government Subsidies are taken off.