• adarza@lemmy.ca
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    16 hours ago

    sell cheap to kill competition around the world. leverage new global monopoly for fun and profits later.

    • CmdrShepard49@sh.itjust.works
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      13 hours ago

      They use this same tactic over and over and I find it surprising that more people don’t immediately recognize what they’re doing.

      • Grimy@lemmy.world
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        11 hours ago

        I guess it’s just more enticing than “maximise profits for the few even if it means the planet dying”. All western auto makers can get squeezed for all I care. I’d buy their products, but they spent a decade sabotaging it and making sure it keeps spewing poison.

        I have no pity for toxic companies that fought tooth and nail against EV development. The tactic works because it’s taking advantage of a broken system.

    • frongt@lemmy.zip
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      16 hours ago

      This. I’m all for competition and innovation, but this is subsidized by the Chinese government to exploit a lack of manufacturing in other countries.

      If you’ve heard about how food or clothing donations harm local farmers and weavers, same principle. We should be encouraging domestic production around the world, not allowing one country to undercut everyone else.

      • pdxfed@lemmy.world
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        15 hours ago

        China has been playing the long game for 30+ years. When you have actual history and strategy(and unlimited exploitable labor( you’d be amazed what you can accomplish.

      • schipelblorp@sh.itjust.works
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        13 hours ago

        China is doing exactly what other countries and corporations do to establish and compete in markets.

        Let me repeat it: China is doing exactly what other countries and corporations do to establish and compete in markets.

        And because it doesn’t ever seem to sink in: China is doing exactly what other countries and corporations do to establish and compete in markets.

        Newsflash: Sinophobia is not an economic strategy.

        Edit: "“All for competition and innovation” The United States barred China from buying the latest NVIDIA chips to keep it out of AI. Typical American racist scapegoating.