Comments by "Roger Dodger" (@rogerdodger8415) on "Serious issues in China’s economy?" video.
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@mustafagenius2110 United States imported $1.6 billion in new and used cars made in China last year, roughly six times less than US auto industry exports to China, according to the Census Bureau.
Most of the cars sold in China by iconic US automakers are made in China
America's most iconic automakers, such as Ford and General Motors, already make cars in China for Chinese customers in joint-venture factories. That means Ford and GM partner with Chinese firms to make and sell cars.
China is GM's biggest market and has been for six years straight, straight, according to the company. Both Ford and GM manufacture the majority of their cars sold to Chinese customers in China. The 25% tariff doesn't apply to cars made in China.
From January to October last year, Ford sold 939,000 cars in China, but only 2% of those were imported, according to the company's most recent report on China.
GM and Ford do export certain models from the United States to China, such as the Ford F150 Raptor. But those models make up a small share of overall sales in China.
So.. Yes. China buys American cars. But ONLY ONES MADE BY CHINESE!! And only so that they can copy trade secrets and manufacturing techniques.
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