In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition
Seems like a short lived plan. Just need to change laws so that Chinese owned vehicles have a tariff, no matter where they’re made. Of course, then they just create shell companies in the states/EU and the game of cat and mouse continues.
Seems like a short lived plan. Just need to change laws so that Chinese owned vehicles have a tariff, no matter where they’re made. Of course, then they just create shell companies in the states/EU and the game of cat and mouse continues.
Why do we “need” to change laws to artificially inflate the price of cars? Don’t we give enough money and government control to Ford and GM?
The EU Wants Chinese car factories to operate locally.
Chinese EV maker BYD welcome to open factory in France, French finance minister says
European nations compete for Chinese EV factories, jobs even as EU weighs tariffs
China’s Dongfeng in pole position to build an auto plant in Italy - Italian sources