this post was submitted on 10 May 2024
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[–] Zipitydew@sh.itjust.works 41 points 11 months ago (3 children)

That $10k Chinese car cost $20k to make. A competitor undercutting the market that much leads to monopolization. When that competitor is being bankrolled by a foreign government it's potentially even a hostile act.

People have been mad for decades about what Walmart did to retail in the US. Taking steps to prevent that from also happening with the auto industry should be appreciated.

[–] fuckingkangaroos@lemm.ee 8 points 11 months ago* (last edited 11 months ago)

it's ~~potentially even~~ a hostile act.

[–] exanime@lemmy.today 5 points 11 months ago (1 children)

People have been mad for decades about what Walmart did to retail in the US.

And the government stepped in and addressed the situation, right? Right?

[–] Liz@midwest.social 10 points 11 months ago

They fucking should have. I'm not gonna give China a pass just because Walmart got one.

[–] tsonfeir@lemm.ee -4 points 11 months ago (2 children)

When they show me their manufacturing costs, I’ll believe that.

[–] fuckingkangaroos@lemm.ee 16 points 11 months ago (1 children)

You're going to be waiting a long time to get reliable numbers out of the CCP.

[–] tsonfeir@lemm.ee 0 points 11 months ago

I mean the other car companies who overcharge.

[–] Zipitydew@sh.itjust.works 8 points 11 months ago (2 children)

They won't because part of it is slave labor.

[–] bamboo@lemm.ee -2 points 11 months ago

[citation needed]