Comments by "Vanessa Li" (@vanessali1365) on "China’s $500 Billion Lithium Battery Firms Face Collapse: Factories Shut, Buildings Abandoned" video.

  1. Unfortunately, the chn economy is based on competing for higher more state subsidies, not on free market force of demand and supply... leading to overcapacity, cutting into profit margin. The reality is that state subsidies can be claimed in full regardless low sale or losses.
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  2. Another one bites the dust 🎉
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  3. State subsidies for all in chn...
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  4. Kenneth, Free market including applying prudent solutions whenever economic issues arise, not before the problem appears. Speculating, manipulating would not solve any problems, is against the law. Overcapacity here is about maximizing production, hoping to overwhelm/dominate the global markets with cheap poor goods bc states subsidies allow them to do so . This kind of overcapacity highly reduces free market competitiveness, destabilizes world economy. If America, in fact any county, does the same... it would suffer the same consequences. That's how free market works.... No manipulations!
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  5. BTY, why you guys always compare yourself everything with USA, when you all dislike America so much? Only answer is that you are jealous of what they have. Why keep saying America this America that? You don't have to follow America 😂 😂 If you're confident of what you doing is good, well, keep doing it and suffer the consequences.
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  6. Why America this or America that? Kenneth , You don't have to do what they do 😂😂
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