☆ Yσɠƚԋσʂ ☆
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2·4 hours agoYou mean just like every other country?
Dumping is when you sell things below cost to drive competition out and then jack up the price once you achieve a monopoly. What’s happening here is that China simply produces things much cheaper than the Europeans. It’s not limited to EVs.
Chinese brands aren’t receiving 45% subsidies last I checked. However, this would be a dumb way to try and restore competition since it just punishes consumers in Europe.
Ah yes, the US would absolutely be the place you’d go for factual information about their biggest geopolitical rival. 😂
I love how people still peddle US state propaganda unironically.
Western manufacturing tends to be much more automation heavy.
bruh https://www.statista.com/chart/31337/new-installations-of-industrial-robots-by-country/
Last I checked US prints money like there’s no tomorrow for shit like wars, but as soon as it comes to subsidizing something actually useful all of a sudden the concern trolling starts.
Can you explain to us what the problem with China subsidizing EV manufacturers is exactly? That’s how China chooses to run their economy, and it’s entirely their business. The whole argument for capitalist markets is that they’re supposed to be more competitive last I checked. If that’s not the case then maybe the west should reexamine its assumptions about how an economy should be run.
I’m so confused here. I was under the impression that the entire argument for capitalist markets was that they produce cheaper and better goods than is possible to do with central state planning. Yet, here we have the capitalist west complaining that Chinese state driven model if producing goods that western companies are simply not able to compete with. Somebody help me understand.
The US put export restrictions on Nvidia in China, so they can only sell older chips there.
a lot can go wrong there to be sure
I use the mouse with the left hand…
How are you going to use in the US without access to US based apps that everybody else uses. The reason Huawei ended up having to make HarmonyOS was that it got cut off from using Android and Google store. A phone is a communication device first and foremost. That means you need to be able to plug into the existing ecosystem to use it meaningfully. The US made sure that even if you could get your hands on one, it’ll just be a nice paperweight.
For sure the ramifications of these are huge, and there’s a global treaty against doing these things for a reason. I do think that beyond initial panic, the long term ramifications will be that countries will increasingly focus on building domestic supply chains. We’re also seeing geopolitical blocs forming now around G7 and BRICS. This is another line of decoupling of the global economy. Countries within each bloc will have more trust in each other, while they will shun products from the outside.
love how you had to make an account on a different instance to avoid the ban just so you can let us all know how much you’re seething
Indeed, it’s clear that this is a pretty widespread problem. It’s also important to note that there is a global treaty came into force which “prohibited in all circumstances to use booby-traps or other devices in the form of apparently harmless portable objects that are specifically designed and constructed to contain explosive material”. So it’s clear that what the west has been doing goes directly against international law.
China is already dominating lots of markets, and what you’re describing isn’t happening. For example, pretty much all solar panels are produced in China, and they’re still dirt cheap today.