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Sciagurrato
Inside China Business
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Comments by "Sciagurrato" (@sciagurrato1831) on "China's electric cars keep improving, threatening rivals everywhere" video.
The western capitalist model differs in one key aspect from the Chinese model. The west builds a develop a brand which makes huge returns to investment. The brand stops innovating while continuously raising prices. It’s taking a long time for the Chinese to build products and then a brand. But there will continuous improvement, even innovation. Western companies re built in the goal of rent seeking.
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