That $10k Chinese car cost $20k to make. A competitor undercutting the market that much leads to monopolization. When that competitor is being bankrolled by a foreign government it's potentially even a hostile act.
People have been mad for decades about what Walmart did to retail in the US. Taking steps to prevent that from also happening with the auto industry should be appreciated.
it's potentially even a hostile act.
People have been mad for decades about what Walmart did to retail in the US.
And the government stepped in and addressed the situation, right? Right?
They fucking should have. I'm not gonna give China a pass just because Walmart got one.
That $10k Chinese car cost $20k to make. A competitor undercutting the market that much leads to monopolization. When that competitor is being bankrolled by a foreign government it's potentially even a hostile act.
People have been mad for decades about what Walmart did to retail in the US. Taking steps to prevent that from also happening with the auto industry should be appreciated.
And the government stepped in and addressed the situation, right? Right?
They fucking should have. I'm not gonna give China a pass just because Walmart got one.