Comments by "Sparkling Wine" (@vueport99) on "China’s Lithium Battery Giant Catl Halts Production, Signaling a Major Shakeup in the Industry" video.

  1. All large enterprises in mainland are either owned or backed by someone high up. Paying compensation is a western concept. It doesn't apply in CCP land
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  2. ​ @paulpaulsen7777 you already know 4.6% or whatever numbers they publish are fake.
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  3. ​ @HermanWillems the issue isn't rise in EV sales. The issue is China over supply. State funding and state mandate always lead to over investment and rapid / over build of factories
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