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>and no market to sell Uh.. If that's the case, then someone needs to tell that to all the people buying Chinese cars man.
by bilbo0s 10mo ago
>and no market to sell
Uh..
If that's the case, then someone needs to tell that to all the people buying Chinese cars man.
- whatever1 10mo agoThe capacity they have far exceeds the sales. A lot of Chinese car companies will have to go bankrupt to balance supply and demand.
- rswail 10mo agoIn exactly the same way as conglomeration occurred in the US car industry and across Europe during the 20th century.
- misiti3780 10mo agoread this article, it explains the situation well: https://open.substack.com/pub/crosscurrents28/p/chinas-broken-balance-sheet-why-i https://open.substack.com/pub/crosscurrents28/p/chinas-broke...