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tooltalk
Bloomberg Television
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Comments by "tooltalk" (@tooltalk) on "China's EV Price War" video.
>> Do you know how crazily competitive that the car industry in china is << if China's automotive industry was that competitive, China wouldn't have banned foreign battery competitors, or enforced "local content rules" by subsidizing only domestically made parts, or forced foreign EV OEMs to a JV -- of course, Tesla was the only exception to this rule. Most Chinese companies can't compete without daddy Xi's protectionism .
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@g103484947 : >> Domestically "subsidization", and exporting with higher price to protect oversea competitors? << domestic subsidies are ok as long as they stay "domestic." China's problem is with "export subsidies," "local content rules," "forced IP transfer" and other policies designed to undercut foreign competitors at home, oversea, or steal their IP.
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@g103484947 : it's not "domestic subsidies" -- it's China's illegal "export subsidies," "local content rule," "forced IP transfer" and a slew of China's discriminatory and anticompetitive policies China always knew was in violation of international trade.
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@kevinlin4895 I find it a bit annoying to see Aussies shilling or the CCP.
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>> China's EVs are the result of 20 years of work and auto industrial policies << Yep, 20 years of IP theft, illegal export subsidies, local-content rules, forced IP transfer and a slew of international trade violation.
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