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Foreign investment would be an economic boost for Mexico. The company has claimed that a plant there would create about 10,000 jobs. A Tesla competitor, BYD markets its Dolphin Mini model in Mexico for about 398,800 pesos—about $21,300 dollars—a little more than half the price of the cheapest Tesla model.
Said it a while ago, the US is losing at capitalism for the first time in modern history and doesn’t know how to cope
Oh it knows how to cope, it’s why it’s pushing the neo-feudalism.
They want a class of slave labor to use like China, not those pesky workers with rights like they have now. It’s a race to the bottom and China has the lead.
Idk, Chinese workers might have it better than they did in decades passed.
Not been to China recently eh? Or ever.
They have free education and health care, affordable housing and government pensions. Things that taxes should be spent on instead of wars, destabilising governments you don’t like, and funding genocidal maniacs.
Instead they’re supporting Russia and Putin in the war, harass the Philippines at sea, infiltrate the government in Hong Kong and prepare to capture Taiwan.
Isn’t Taiwan the country that literally jails political opponents?
Last time I was in China was early 00’s. From everyone I’ve kept in contact with or met since, things have only gotten much worse for them.
Wow, you’re just putting out all the propoganda pieces aren’t you. Is this your alt account from .ml?
China gets ahead by stealing IP, cutting all corners with environmental concerns, and has a ridiculously low labor rates.
Sadly the western countries allow businesses to offshore and keep those profits. Short term gain for them by helping build up the West’s biggest rival.
I generally don’t believe in IP.
Manufacturing labour costs were $8.31 per hour in China last year, compared with less than $3 in places such as India, Thailand and Vietnam. - The Economist
Yes, it’s starting to go up because all of the outsourcing to China. Now they are outsourcing to other countries. The IP theft is still rampant though.
And they spy on every citizen they have and jail them for innocuous things or jail them for being a certain race then hide it from the world and use them as slave labor. Yeah, they’re just a utopia.
Sounds pretty much like the US. Both are pretty shitty.
Didn’t they have some of the biggest house prices to income ratios? And wasn’t private tutoring out of control in there? And weren’t they fighting with almost every single neighbor they have?
Last time I checked they had a housing finanical crisis and companies building “tofu” housing
Yes we do, we ban their sales here in USA! And add tariffs!
China builds the cars in Mexico, that forms a tariff free zone with the USA. And USA can’t exactly just ban sales from Mexico because a lot of USA companies moved their operation to Mexico for cheaper labor.
Yeah. The real issue is passing safety standards. Which I’m doubtful China can do.
Somehow the likes of BDY manage it in the EU were they are selling their cars just like all other car companies (including TV adverts and everything)
Last I checked the EU invariably has tighter regulatory standards when it came to consumers (not just on safety but also in terms of consumer rights) in just about everything than the US.
It seems a little strange that “safe to drive cars” per EU regulations wouldn’t be “safe to drive cars” per US regulations.
Granted, plenty of Chinese companies (basically the poky little manufacturers) might not manage to fullfil Western Auto Safety Standards, but some of the bigger one already have overcomed that hurdle.
Lets not have certain Prejudices cultivated for Political Reasons blind us to hard-nosed Business and Technical Facts.
Chicken tax 2 no Changli for you
It’s glorious to watch. Even from within. Even knowing I’m boned when this house of cards finally tumbles.
I’m sure there’s a German word for that.
Maybe Galgenhumor? Or Schadenfreude? But if both, I guess.
You probably have time to prepare. 🙂