Chinese cars are pouring into Mexico — and the U.S. is worried - Autoblog

https://lemmy.ml/post/16940756

Chinese cars are pouring into Mexico — and the U.S. is worried - Autoblog - Lemmy

undermining regional carmakers

I think the word they’re looking for is in fact “outcompeting.”

Yutaro-Katori-with-butterfly-meme: Is this capitalism?

Outcompeting by having a nation subsidize the cost. Until local manufacturers go out of business because they can’t compete. Then China owns the entire industry she jacks to the price.

It’s like no one has been paying attention.

Tesla has been subsidized by years. The difference is china delivers and in America an asshole get rich.
So the CCP party members aren’t getting rich?
Of course, they and the Wang Chaunfus.
I mean they are but they're also delivering.