• schipelblorp@sh.itjust.works
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    1 day ago

    China is doing exactly what other countries and corporations do to establish and compete in markets.

    Let me repeat it: China is doing exactly what other countries and corporations do to establish and compete in markets.

    And because it doesn’t ever seem to sink in: China is doing exactly what other countries and corporations do to establish and compete in markets.

    Newsflash: Sinophobia is not an economic strategy.

    Edit: "“All for competition and innovation” The United States barred China from buying the latest NVIDIA chips to keep it out of AI. Typical American racist scapegoating.

    • SaveTheTuaHawk@lemmy.ca
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      11 hours ago

      This thread is so fucking ignorant and choking on MAGA propaganda. Look this up idiots: the US of A has subsidized Detroit far more than China in the auto industry and BYD was heavily invested by US investors like Warren Buffet.

      Warren Buffet bought 10% of BYD because US options were all losers. From 2008 to 2022 he made $8.75B.

      • boonhet@lemmy.zip
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        5 hours ago

        The USA has yet to kill the UAW which they must do to be competitive. It’s not an end-all be-all solution (wages are only like 30% of the cost of a car), but a good start. It also needs an entirely local battery supply chain, buying from China isn’t an option. And they need to pay for every EV that is manufactured, no matter where it’s sold to.

        But the US won’t take it seriously so they’ll never compete for real. Maybe they’ll kill UAW but only to increase shareholder value, not to compete for real.