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cross-posted from: https://lemm.ee/post/44172684
Putin: they can DO that?!?
Invest billions of dollars? Yes, because they have billions of dollars. Russia has been reduced to bartering for their imports.
Okay, here’s the part I don’t understand:
China is aware that its investments can be a bargaining chip for member states to bring down their trade barriers. At the same time, setting up in the EU would be a way of avoiding tariffs, if they end up being confirmed: cars would have the “produced in the EU” stamp, leaving behind added value, employment and the transfer of knowledge.
Could the EU not just put restrictions on Chinese-owned car companies regardless of where the factory might be located?
Then why the tariff?
China definitely, 100% bro, has no possible ulterior motives for subsidizing the fuck out of their electric vehicle industry to out compete it in its early stages across the west. Yeah, right.
Tell me again about how China has no import tariffs on anything?
If that was all it was about, I doubt all the Western car companies would have been pushing so hard for the tariff.
The German car companies are very afraid of Chinese retaliatory tariffs on luxury cars.
Do you have a source claiming western car companies are pushing for tariffs on Chinese EVs?
VW and BMW chiefs warn on EU’s China EV tariffs amid falling profits
Sorry, you’re right. I thought I had read the opposite.
However- they appear to be against the tariffs because it affects their exports and not because they think it’s bad for competition in Europe. I would think they would not want these Chinese car factories in the EU and will push for that to be sanctioned in some way.
So… invest in other countries and create jobs there? What’s so bad about that?
The Chinese like to import their citizens as well into those jobs. See Africa.
It’s not, but anglosphere media will keep trying to portray it so lol
Dastardly
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