3 ms·
Oh no, the JV where china owns 51% is going to go bankrupt. > The market is already saturated by them there's market share to take from Chinese companies else
by adriancr 2y ago
Oh no, the JV where china owns 51% is going to go bankrupt.
> The market is already saturated by them
there's market share to take from Chinese companies elsewhere since they are going to be tarriffed everywhere else.
> These companies will instantly loose a very significant amount of revenue and loose access to a big market.
You are missing the significant market being opened up and protected via tarrifs where China companies need to pull from. That's larger then China market