4 ms·
Do not flame a nationalist thing just being very pragmatic here from what i read / watched from a few documentaties. Just paraphrasing what I saw on the netflix
by cocoland2 6y ago
Do not flame a nationalist thing just being very pragmatic here from what i read / watched from a few documentaties. Just paraphrasing what I saw on the netflix series where one of the furniture manufacturer candidly asks a Chinese factory how they are breaking even at the prices that are being sold. The exporter chuckles and says , this is an investment to bleed the local furniture manufacturer (effectively get more demand and forcing other competitors to close , akin to customer acquisition burning VC money ) and become a monopoly in a sense.
This is very evident in PPE equipment , masks and on the rare earths supply chain.
- starfallg 6y agoSame thing happening in electronics. The margins are so thin you'd be wondering where they get financing.
- eru 6y agoRare earths supply has diversified quite a bit in recent years. Of course, there has been some government intervention on all sides, but companies are also willing to pay a bit of a premium to secure a second supplier.