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I this cheating aspect of the chinese Culture very believable for several reasons. - china is a highly competitive culture (extremely densly populated, need to
by killerpopiller 10y ago
I this cheating aspect of the chinese Culture very believable for several reasons.
- china is a highly competitive culture (extremely densly populated, need to competing aout ressource)
- china acts economically like Borg, they sold solar panels for less than the production costs to crush the European market (which they successfully did), the same is now happening with Steel btw. > I call that cheating as well
- china manipulates it's own currency
- china steels intelectual property notoriously
- smy20011 10y agoFor the steel, no, if you import more ores, you will get lower prices. The production costs will lower due to large scale production.