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No environmental laws or worker protections? Is this based on truth or prejudice? Subsidies and mandates are good when the EU does them but bad when China does
by vdaea 3y ago
No environmental laws or worker protections? Is this based on truth or prejudice?
Subsidies and mandates are good when the EU does them but bad when China does them?
- google234123 3y agoWestern companies have been basically shut out of the Chinese market since the beginning-even more is now. A huge trade imbalance should have naturally balanced itself out in a true free market. The fact it’s been so distorted for decades shows how bad it is. A rebalancing must occur and will be good for everyone in the long run Chinese policy making has been hugely protectionist and interventions lost for decades.
- rodgerd 3y agoChicken tax.
- google234123 3y agoSo...? Tariffs are just like subsidies or taxes, a transfer of money between one sector and another sector in the economy
- robin_reala 3y agoNot sure that’s entirely true, especially if we’re talking cars. Volkswagen China is around 50% of VW sales, and Mercedes sells 40+% in China for example. If we’re talking US cars, they’re typically too focused on US market desires for other countries.
- google234123 3y agoWith mandatory transfers of all technology and giving up 51% ownership of the forced joint ventures?
- aurareturn 3y agoDon't move the goal post.
- google234123 3y agoAgain, it’s not Mercedes selling cars in China. It’s some joint venture that’s majority owned by the Chinese that has forcibly taken Mercedes tech and has made millions of cars using it. You can’t compare a Mercedes in the USA and China and say they are equivalent
- aurareturn 3y agoWestern companies have been basically shut out of the Chinese market since the beginning-even more is now. Sometimes I wonder what people actually read to write something like that. China is Mercedes' biggest market. Audi sells more cars in China than in all of Europe. Tesla is one of the top EV sellers in China. It's actually the US who has shut off China's access to the US car market.
- google234123 3y agoYou mean “ Beijing Benz” which is owned 51% by china and makes their own cars too using the tech taken from Mercedes?