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How much of these low prices is a result of the Chinese government subsidizing these companies to unfairly compete with established brands? Although, I will gra
by Recurecur 5mo ago
How much of these low prices is a result of the Chinese government subsidizing these companies to unfairly compete with established brands? Although, I will grant that having workers available at nearly zero cost is also an advantage.
I’ll be interested to see how the quality of these compares over time with Tesla etc…
- _aavaa_ 5mo agoThis argument gets brought up all the time. The US heavily subsidizes (directly, indirectly, and through tariffs) its local auto manufacturers. This is the same scare as when the German cars came, and the Japanese, and the Korean. Simplifies overview: https://youtube.com/watch?v=UhhZu0ZHdw4 https://youtube.com/watch?v=UhhZu0ZHdw4
- YVoyiatzis 4mo agoA fraction of what its cost is for subsidizing other countries.