Comment by swarnie
1 day ago
Lets assume all this is true, why should i be concerned about it?
If the Chinese tax payer is going to help me buy a new car then thanks, my own government isn't going to do that.
1 day ago
Lets assume all this is true, why should i be concerned about it?
If the Chinese tax payer is going to help me buy a new car then thanks, my own government isn't going to do that.
The Chinese tax payer isn't voluntarily helping you though, it's China's forced resource extraction from its own citizens (wage and QoL suppression), to maintain a stranglehold on global manufacturing. Everybody (except your specific car purchase) would be better off if they used these resources domestically. Do you think they'll ever want payback? if not from you, then from the next generations.
When you start presuming that the cause of this is that China is evil and wants world domination, let me remind you that it's the propaganda getting to you.
China had a mandate to contribute to climate action goals years ago. Their government sponsored that growth. Now their companies need to make a profit and selling overseas. It's simple free market forces.
Because over time when your own industries suffer and then become jobless, your country is less secure and wealthy.
For the same reason countries don’t like it. It guts their domestic industry and puts you at the mercy of an authoritarian country?
I thought the last few decades of the US losing key industries to China was a lesson everyone learned?