Carmakers were warned, repeatedly that should curb their dependence on China. This warning was issued constantly over the last couple of years. Why should we now do as they say?
Also, business has no interest in upholding the democracies anymore. I just saw that the majority of western hedge funds are pulling into China after they announced the stimulus.
You got to be fucking kidding me, the western population is sold down the road.
Affectionate_Cat293 on
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
Professional_Algae_7 on
BMW? That Chinese EV manufacturer?
moru0011 on
Tarrifs are like a boomerang and in the end the consumer pays them, not so much the exporter.
Capable_Spring3295 on
Fuck them, there’s enough possibilities to produce cars in Europe. Tarrifs should be increased for all foreign cars.
TurfMilkshake on
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
nikscha on
I have zero empathy for Western car manufacturers. The change to EVs was predicted ages ago, but they thought they could keep doing what they always did by lobbying politicians and doing marketing campaigns.
Grolande on
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.
Check_This_1 on
This is not a nice guy BMW situation. The reason probably is that BMW produces a lot of electric cars in China and imports them to the EU
Kingdarkshadow on
Very sad yes, anyway.
vergorli on
We don’t want to compete with the working standards of china. But BMW doesn’t really care about that. So shut up BMW.
Just-User987 on
Is it the same BWM paying 8% dividends
ale_93113 on
EU: We want to impose tariffs to protect our automakers against chinese unfair competition
EU Automakers: No please dont do that, we will lose more if you try to “protect” us due to WTO-Legal retaliatory tariffs
EU: Just becase we will “protect you” doesnt mean you have a say on the topic
13 Comments
Carmakers were warned, repeatedly that should curb their dependence on China. This warning was issued constantly over the last couple of years. Why should we now do as they say?
Also, business has no interest in upholding the democracies anymore. I just saw that the majority of western hedge funds are pulling into China after they announced the stimulus.
You got to be fucking kidding me, the western population is sold down the road.
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
BMW? That Chinese EV manufacturer?
Tarrifs are like a boomerang and in the end the consumer pays them, not so much the exporter.
Fuck them, there’s enough possibilities to produce cars in Europe. Tarrifs should be increased for all foreign cars.
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 have zero empathy for Western car manufacturers. The change to EVs was predicted ages ago, but they thought they could keep doing what they always did by lobbying politicians and doing marketing campaigns.
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.
This is not a nice guy BMW situation. The reason probably is that BMW produces a lot of electric cars in China and imports them to the EU
Very sad yes, anyway.
We don’t want to compete with the working standards of china. But BMW doesn’t really care about that. So shut up BMW.
Is it the same BWM paying 8% dividends
EU: We want to impose tariffs to protect our automakers against chinese unfair competition
EU Automakers: No please dont do that, we will lose more if you try to “protect” us due to WTO-Legal retaliatory tariffs
EU: Just becase we will “protect you” doesnt mean you have a say on the topic
what a ridiculous situation