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D W
Bloomberg Television
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Comments by "D W" (@DW-op7ly) on "Will China EVs Survive European Tariffs?" video.
Btw who cares China is the largest EV market in the world last year selling 8 million cars this year expected to sell 10 million cars But 30 million cars are sold in China every year So that leaves 20 million ice vehicles many of them being American and European made cars
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8 million EVs were sold in China last year 10.million expected this year. 300 thousands Chinese eVs were sold in Europe last year
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F ache News liar pants on fire ๐ Nine Chinese cars scored five stars in Euro NCAP in 2023 In 2023, Euro NCAP crash-tested 17 cars. Nine of them were Chinese EVs, accumulating over 50% of assessed vehicles. According to E-NCAP, Chinese manufacturers were anxious to prove their relevance to European buyers. They have achieved this goal because every evaluated made-in-China car got five stars.Dec 11, 2023 CarNewsChina
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In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities Thatโs why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects donโt have a house you donโt get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest
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You have never left your own home State in the boooonies also So Iโm not surprised ๐๐๐ As you type your suddenly woah oak-snow fl ache indignation on a Chinese made gadget
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