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.
You 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.
Repackaging old games for new consoles is basically the entire business model for Nintendo at this point. In light of that, I can see why they go after emulators so hard.
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
Ah gotcha, you could just omit but in this case and the sentence would have the intended meaning.
Why the but? GPL 3 is the correct license to use for open source projects to ensure they stay open and corps don’t freeload on them.
Yeah, US massively subsidizes Tesla, are you seriously so ignorant not to know that?