BMW fordert Deutschland auf, gegen EU-Zölle auf in China hergestellte Elektrofahrzeuge zu stimmen

The Chinese have leveraged state-owned enterprises and subsidies for private companies to dominate the processing of raw materials, including those necessary for the EV industry, such as nickel, graphite, steel, and rare metals.

This trend began in the 1980s. While industry insiders recognized China’s ambitions in specific sectors, they initially failed to see it as part of a broader strategy.

Western politicians, primarily trained as lawyers, tend to focus on tangible products like cars and smartphones. However, China’s strength lies not in manufacturing these consumer goods.

It appears that China learned from Japan’s experience in the 1980s and strategically avoided competing in politically sensitive consumer markets. Instead, state-owned companies targeted less visible yet critical industries, such as refining and processing, as well as manufacturing equipment like container cranes.

In the 1980s, South Korea and Japan were pushed out by China in the mineral refining and processing sectors. For example, South Korea was once a key processor of tungsten but lost its position to Chinese competitors.

The West cannot easily replace China in these industries over the next 10 to 15 years without significant government investment.

Few interest groups in the West advocate for these industries due to several factors:

– Low profit margins
– High capital requirements
– Limited job creation
– Significant environmental impact

Tarrifs are like a boomerang and in the end the consumer pays them, not so much the exporter.

European car makers investing massively in China for cheaper production costs.

IP gets stolen and used in Chinese companies who then undercut respective European manufacturers.

European car manufacturers then look to close down European factories as they are manufacturing more and more in China.

So they want European jobs to be lost, while also handing away expertise to the Chinese to leapfrog them……

So stupid

I would be happy to see European car makers competiting against Chinese cars and see how fast they can innovate and finally propese decent cars for correct prices.

Very sad yes, anyway.

Is it the same BWM paying 8% dividends