Comments by "Ace1000ks1975" (@Ace1000ks19751982) on "Geopolitical Economy Report"
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@reptilexcq2 There is no need to do that. If US companies want to produce stuff to sell to the US market, because they cannot sell it in China is ok.
The point is, US companies cannot compete in China, because the Chinese people can buy Chinese products which cost less and are comparable to US products in quality.
They can leave the China market, like so many other foreign companies did, like Hyundai, Samsung, Google, Amazon, etc. A lot of these American car companies are having difficulty selling their cars in China, because competition from Chinese EV companies, like BYD.
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@NeostormXLMAX The reason why these US companies and foreign companies went to China was to get access to the massive Chinese market.
Since they aren't doing well in the China market due to competition from Chinese companies, like BYD, Huawei, Yangtze Memory Technologies, Xiaomi, Lenovo, Oppo, ZTE, NIO, Geely, etc. They really have no incentive to stay in the China market.
It is perfectly fine for US and other Western companies to produce their stuff in China and export it to their home countries or other countries. It's fine, because they are hiring Chinese people. Having these foreign entities exist in China will not hurt China at all.
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