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China decided to change its rules on this point last April[1]. Not sure of the whole overall political reasons, but I imagine it has somewhat to do with the str
by njarboe 8y ago
China decided to change its rules on this point last April[1]. Not sure of the whole overall political reasons, but I imagine it has somewhat to do with the stronger US stance against China on trade issues with the new US president. Telsa was not going to build the plant under the previous rules and now that they are changed are going forward.
[1]https://www.marketwatch.com/story/tesla-to-build-factory-in-shanghai-as-auto-makers-push-for-new-arrangements-in-china-2018-07-10 https://www.marketwatch.com/story/tesla-to-build-factory-in-...