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Europe is about to crack down on Chinese electric cars
(www.technologyreview.com)
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this post was submitted on 26 Sep 2023
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Of course. I would love to have my car but spend way less. Bur i think it would be very bad for the economy if this all is because the CCP actively subsidizes cars to export at cheap prices.
Same reason why donating old clothes to african countries sucks. Because it destroys their local production of those goods. German cars would be banned by the CCP if we subsidized them and somd them at a loss in china with the goal of destroying their own automobile market.
You think other countries don't subsidize their industries for competition? Lol
Welcome to the real world kiddo
We also put import tariffs on other things that are being aggressively subsized. Welcome to regular economy.