Comments by "Kenz300 x" (@KJSvitko) on "BYD call on Chinese automakers to unite to 'demolish legacy auto industry" video.

BYD is concerned about the price wars and needing government subsidies to survive. Getting rid of some of the competition is their plan for survival. Maybe India, Europe and the USA should require Chinese car companies to have a European or American partner to gain access to the market. That is what China did to all other auto makers. China should be treated the same way they treated companies coming into their market. China has huge import fees for Foreign auto makers. Europe and USA should do the same to Chinese auto makers.
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Lie, cheat and steal are all too common today. China allows too much corruption. Theft of intellectual property is common. They try to dominate the market and put other local companies out of business. Spammers, scammers and phishing accounts are common and not prosecuted. Disinformation is a common tool to divide people and rally supporters. You can not trust any numbers produced by companies or the government from China. China's economy is in slow decline. The virus lock downs sped it up. Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending.
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Xi has killed the "Golden Goose" He has moved the country away from a market economy and back to a planned economy with government owned businesses. Unemployment is rising. Property developers are bankrupt. Banks are running out of money. Local governments are broke. The lockdowns caused many small and medium businesses to go bankrupt. Empty shipping containers are pilling up at the ports. Foreign companies and foreign investors have left for friendlier countries. The risks in China are too high. Every business in China is looking for a way to survive. Killing off the competition is BYD's plan to survive.
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