But he insisted the EU would no longer be "naive" about massive government subsidies, though he offered some hope the two sides would find a way out of the row.
Blatant hypocrisy
this post was submitted on 16 Oct 2024
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Because? If the Chinese government subsidizes companies, which in turn turn around and use this advantage to undercut and bankrupt European businesses, it is naive to believe this behavior will change by itself if it has not done so by now.
Instead the CCP ramped up this behavior in strategic branches.
Yeah I know the EU is just as adamant on the free market as the US as long as it doesn’t concern themselves. This statement has been accurate for more than 100 years. They subsidise, the Chinese subsidise, and still Chinese cars sold in Europe are still way more expensive than in China itself. It’s laughable to just blindly repeat all the government lines.
Yeah, all cars are taxed steeply in the EU. Chinese cars just like European made and American made. Normally all cars are just taxed based on sales price. .. all the same
So?
You made the point Chinese cars are more expensive in the EU than they are in china. I told you part of the reason why.. then there is shipping.. eu dealer markup... And Chinese cars are cheaper because the makers get heavily subsidised, giving them an unfair edge over their competitors. The goal is to buy market share and break competition. The EU asked the companies to open their books to show this was incorrect, the companies chose not to comply. Thus tarrifs to take away the unfair advantage.
Chinese cars are cheaper because the makers get heavily subsidised
Yes, and don't forget forced labour, there are slave-like working conditions across the supply chain as there is no transparency.
This hasn’t been stated as a reason for the duties, has it?
Blatent hypocrisy of China. They do not allow the same access to their domestic markets that they demand from every other country.
They expect the world to open their wallets to them while they spit in their faces by supporting Russia's imperialistic war in Ukraine, prop up North Korea, ignore international law and try to claim land that clearly isn't theirs, lied to the world about COVID, and are actively building for war with Taiwan. Chinese behavior is showing they should not be placated and given free access to markets.
It's a shame because Chinese people are smart and hard working. Just sucks their country is so misguided.