3 ms·
> Best deal for the consumer is king Except best deal for consumer is subsidized (aka dumping) by CCP until local competition is destroyed. Next year solar and
by dzhiurgis 4mo ago
> Best deal for the consumer is king
Except best deal for consumer is subsidized (aka dumping) by CCP until local competition is destroyed. Next year solar and batteries are going to have price hikes because China finally stopped export subsidies.
But then perhaps if you believe Peter Thiels "Competition is for suckers" thesis then enabling monopoly focus on cost rather than competition is best for everyone.
- dv_dt 4mo agoDumping is the word used for some other nations effective industrial development policy
- Chu4eeno 4mo agoNo, it literally is dumping. E. g. Chinese EV makers were selling at a loss (even with subsidies) until very recently this year and are struggling immensely now.
- scotty79 4mo agoChinese EV makers are selling at a loss to Chinese people as well. It's not a cunning strategy to destroy EU industry. It's capitalistic competition driven to absurd levels. In the west it rarely ever happens anymore because governments are in the pockets of the business, but in China, companies really do compete between themselves to the death. If you want to see a glimpse of this, look on youtube for materials on Chinese EV scooter rental business market. European people could massively benefit from this Chinese competition. European business can't offer consumer similar deals because it's inefficient due to business-protectionist policies of Western governments. Instead of treating it as an impulse to step up, they provide more protectionism while the European consumers are not getting the value they could making Europe altogether poorer and less technologically advanced than it could be. I can understand US fearmongering because they are in the process of losing the lead permanently and it shatters their entire national identity. But Europeans singing the same song is just silly. When someone is more advanced than you and offers you superior value for cheap you should buy all you can and learn all you can.
- dv_dt 4mo agoAre current AI offerings from companies in the US considered dumping?