this post was submitted on 10 May 2024
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[–] Zipitydew@sh.itjust.works 41 points 5 months ago (3 children)

That $10k Chinese car cost $20k to make. A competitor undercutting the market that much leads to monopolization. When that competitor is being bankrolled by a foreign government it's potentially even a hostile act.

People have been mad for decades about what Walmart did to retail in the US. Taking steps to prevent that from also happening with the auto industry should be appreciated.

[–] fuckingkangaroos@lemm.ee 8 points 5 months ago* (last edited 5 months ago)

it's ~~potentially even~~ a hostile act.

[–] exanime@lemmy.today 5 points 5 months ago (1 children)

People have been mad for decades about what Walmart did to retail in the US.

And the government stepped in and addressed the situation, right? Right?

[–] Liz@midwest.social 10 points 5 months ago

They fucking should have. I'm not gonna give China a pass just because Walmart got one.

[–] tsonfeir@lemm.ee -4 points 5 months ago (2 children)

When they show me their manufacturing costs, I’ll believe that.

[–] fuckingkangaroos@lemm.ee 16 points 5 months ago (1 children)

You're going to be waiting a long time to get reliable numbers out of the CCP.

[–] tsonfeir@lemm.ee 0 points 5 months ago

I mean the other car companies who overcharge.

[–] Zipitydew@sh.itjust.works 8 points 5 months ago (2 children)

They won't because part of it is slave labor.

[–] bamboo@lemm.ee -2 points 5 months ago

[citation needed]