The European Commission says China hasn’t been playing fair in that its government has been paying subsidies through “direct transfer of funds,” among other actions, reports Reuters – which the EC says tips the balance in China’s favor and leaves European automakers out to dry.
Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.
Well, yeah, it’s complicated and all that, but still. For instance, did you know Huawei is a cooperative? I just learned.
Well, yeah, it’s complicated and all that, but still. For instance, did you know Huawei is a cooperative? I just learned.
Everything depends on the central government in China, whether it is a cooperative, a listed company, or a single person critical of the CCP. In tbe end, nothing happens without a highly centralized government.
I think it’s hard to tell and would advise against bombastic blanket statements like this, especially on China. We’re talking about one billion people and the world’s largest economy, after all. Our ability to clearly analyze China is hindered by its own opaqueness, but one should not forget the thick layer of propaganda we in the West are served whenever we’re talking about one of the so-called strategic adversaries.
