There‘s a word for that „Greedflation.“ This is what western car makers do. Luckily, the Cinese car makers grasp their chance and disrupt the market
My God the Chinese are at it again beating the United States at capitalism
It’s not on, it really isn’t, the Chinese shouldn’t be allowed to engage in the free market. They’re supposed to be the enemy.
They should be sanctioned so that Western car makers can continue to put out vehicles for ludicrous prices, the way God intends.
I know someone is going to read that and not get the implied /s
I don’t know, I feel like it works on both levels really. There are actual people that think like that and it’s insane. The US trade war doesn’t really help, It paints China as the bad guy even though they’re only doing the same thing as every other country in the world.
By all means demand China improves in areas which makes sense such as blatant copyright violation and human rights abuses but not this. Making cheap cars is hardly nefarious.
It depends on how it’s done. If the Chinese government is directly subsidizing the cheap cars then it’s a problem.
Kind of like the US subsidizing farmers and then dumping the cheap corn on other countries such that their local farmers go out of business.
That’s capitalism. You don’t get to complain because someone else gets a better deal.
China will always be able to produce cheaper products because the cost of living is lower there. But that is hardly a major revelation.
You forgot the uyghurs and slave labour…
Convenient.Yes I did, I mentioned human rights abusers, it’s right there in the comment that I made, I can still see it.
I find it’s always a good idea to actually read the comments before getting angry about them.
Well the US has 1.2 million prisoners who get paid on average 86 cents a day. So effectively slave labor. That they aren’t directly building cars doesn’t matter because money is fungible. Every dollar saved not paying prisoners is more money elsewhere in the economy.
Nooooo anything but more environmentally friendly vehicles that people can actually afford. Won’t somebody think of the profits?
not sure about environmentally friendly,friendlier sure, but a well developed public transit system and biking infrastructure beats any kind of car based infrastructure
Says someone who lives exclusively in a city
Most people live in a city. In Australia and NZ it’s around 90%, in China, Europe and Canada for sure over 50%.
Trains and trans are a more cost effective and environmentally friendly way to transport the masses. It can work to a surprisingly small populations as evidenced by all of the small disparate towns in Switzerland, Norway and Denmark that depend on them.
Of course no solution works everywhere but cars should never be our first option.
People seem to forget that there was a time before cars, where people had to rely on public transport alone.
