cross-posted from: https://news.abolish.capital/post/49178
I took my first ride in a Chinese car recently. Not in the U.S., of course, since sky-high tariffs have made them almost impossible to import. I was visiting family in the U.K., and we rented a BYD Sealion SUV. And let me tell you: I saw immediately why American car companies are desperate to have these things kept out of this country. It was elegantly designed, incredibly comfortable, and a smooth ride.
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They don’t want you buying them for the same reason they don’t want you buying German or Japanese cars. Its a reasonable expectation for any country to try and protect their local economy.
However the Chinese exploit cheap/slave labor, and in turn we’ve handed them global economic power by allowing our companies (and virtually every other country) to outsource labor to exploit it as well. But that has centralized global manufacturing, which also makes them insanely powerful, and able to manufacture things much more inexpensively.
Add to that government incentives and there’s no way anyone else can compete, because they’re not doing so on an even playing field.