Comments by "Paul Aiello" (@paul1979uk2000) on "BYD reveals shocking effect of huge discounts with historic sales in March" video.
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It's actually very smart if market share is your main aim, which it looks like it is, once you gain enough market share, they could be rolling in money, but first you've got to build the brand and gain market share, which aggressive pricing is a smart way to do it, something China seems good at doing in many other sectors and probably why the US is getting hostile on China, especially in the high-tech sector, because if China does the same there at a time when a lot of US high-tech companies are getting way too greedy, where do you think consumers will go? Price always wins in the end, hence why the US is trying to ban many of those goods from China in the US, the problem is, that only works if the US can get the rest of the world to ban them, which is highly unlikely, the end result is, the ones that allow this competition, will have the advantage of much lower prices for its consumers.
In other words, we in the west need to get our act together and start being far more aggressive on pricing, because that is an easy way for China to get into a market and potentially dominant it, the high-tech computer sector is perfect for China to take advantage off because there's way too much greed there, especially from the US and if China is smart, that's the sector they should target aggressively, which would hurt the US far more than it would others, being the US dominants that sector and being a lot of those companies have got really greedy the last few years, meaning there's a massive opening for new rivals to take advantage off.
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Got to admiral the Chinese's, the aggressive push on new tech and especially on price cutting is having a big impact around the world, they did it with renewables, especially solar power and prices have been crashing, now it looks like they are doing it with EV cars and maybe China have figured out the right tactic, with the hostile attack from the west and especially from the US on anything from China, it looks like China's tactic is to do what many in the west don't want to do, far more aggressive pricing, and normally I'm not a fan of price dumping, but in the case of renewable energy and EV cars, the sooner these become more affordable, the sooner we can clean up our act.
Western companies have been wasting too much time, making too many excuses which is allowing China to potentially dominant many of these sectors by being far more aggressive on pricing which western countries seem slow to match.
We in the west needs to wake up, especially on pricing, otherwise more and more of us will buy from China, regardless of what the political BS tells us, cheaper will always win out, especially if it's good quality and China is winning on that front, especially now because they are not only aggressive on pricing, but the quality is starting to match western standards, we've already seen what happened in the solar and wind industry where China dominates now, we in the west allowed that to happen by being greedy, if we are not careful, the same thing could happen in the car industry.
Also, whiles you're at it, let's hope China enters the cpu and gpu industry, if there's any sector that needs some aggressive price cuts, it's that, and to say there's a lot of greed in the tech sector is getting to the point where it's becoming too greedy, if there's any sector China could really target, it's that, probably why the US government is so hostile on China in the tech sector, they probably see the threat that it could do to the US tech industry if China follows the same formula as they are doing in other sectors and I say, bring it on, it's high time some new competition enters the market to burn those greedy bastard lol.
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