More than 160 workers have been rescued, according to local prosecutors.
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No, there really is talk of tariffs several places to neutralise the price advantage that the Chinese subsidies result in. The Chinese want to promote their domestic auto industries, but so does any other country with an auto industry.
Right but it reads very “omg communism Bad cuz it leads to… affordable electric vehicles… please ignore every other country that produces cars also having subsidies.” The US changed its subsidies to only US built EVs and then complains that the Chinese government is making EVs affordable.
When they do it, it’s “subsidies” When we do it, it’s “investment”
The list of government incentives in the UK is long but If china is doing even more , that’s up to them right ? But it’s always implied it’s some kind of foul play.
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Just look at the Chinese ‘subsidies’ system and you’ll see it can’t be compared to those in the West for a variety of reasons. And then add to that the forced labour regimes in Xinjiang and at BYD’s factory in Brazil (the authorities in Brazil just closed a BYD factory because of ‘slavery’-like conditions).
What is the Chinese subsidies system and why doesn’t it compare