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> "Virginia Gov. Glenn Youngkin said last month that he removed his state from consideration for the factory — Michigan's only publicly known competitor for the

> "Virginia Gov. Glenn Youngkin said last month that he removed his state from consideration for the factory — Michigan's only publicly known competitor for the plant — because it would serve as a "Trojan horse" for China into the U.S., helping the Far East bolster its EV battery dominance and spread its influence." This is a rather odd view, considering how China's rise to dominance in the manufacturing sector depended so much on corporations coming to China to build factories there. Couldn't it also be that if Chinese corporations that want to sell goods in the USA have to set up factories in the USA, this will aid in the re-industrialization of the United States?

Gibbon1 4y ago
> corporations coming to China to build factories there There is a slight of hand going on there. Corporations bankrolled Chinese businessmen and their silent Communist party partners to build factories in China. Which they then outsourced production to.
tooltalk 4y ago
This is actually fairly consistent with China's protectionist domestic industry model. When foreign EV battery makers entered China back in 2015, China's domestic EV manufacturing was still tiny. LG Chem from South Korea was among the first to open EV battery plant in Nanjing, China in the late 2015, and China quickly greeted them with a change in EV/EV battery subsidy policies that excluded foreign competitors and in some cases, China refused to grant license to do business there; all in the name of protecting their EV battery younglings. And it seems to have worked: CATL and BYD from China are now among the biggest producers of EV batteries today. I'm not sure if Ford/CATL's new plant is necessarily going to "revitalize/re-industrialize" American manufacturing, but my fear is that China has no compunction about weaponizing their dominant market position or trade to settle geopolitical disputes (eg, rare earth metal export restriction against Japan in 2010).

Gibbon1 4y ago

> corporations coming to China to build factories there There is a slight of hand going on there. Corporations bankrolled Chinese businessmen and their silent Communist party partners to build factories in China. Which they then outsourced production to.

tooltalk 4y ago

This is actually fairly consistent with China's protectionist domestic industry model. When foreign EV battery makers entered China back in 2015, China's domestic EV manufacturing was still tiny. LG Chem from South Korea was among the first to open EV battery plant in Nanjing, China in the late 2015, and China quickly greeted them with a change in EV/EV battery subsidy policies that excluded foreign competitors and in some cases, China refused to grant license to do business there; all in the name of protecting their EV battery younglings. And it seems to have worked: CATL and BYD from China are now among the biggest producers of EV batteries today. I'm not sure if Ford/CATL's new plant is necessarily going to "revitalize/re-industrialize" American manufacturing, but my fear is that China has no compunction about weaponizing their dominant market position or trade to settle geopolitical disputes (eg, rare earth metal export restriction against Japan in 2010).