They’re mad because they’re terrified that, in order to compete without paying slave wages for Chinese labor, they might have to gasp! get paid less to make up the difference! Not smaller profits! Oh, no!
this post was submitted on 30 May 2024
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How did you get that from the article?
[Christian Bruch's (CEO of Siemens Energy)] comments highlight the complexity for firms desperately needing supplies and parts manufactured in China, but not the competition from complete kits made there that undercut Western firms.
I understand this to mean: "there are no suppliers for some parts outside of China" rather than "my margins are affected, waaawaa"
Like try and buy clay that hasn't been processed at some point through China, or any piece of machinery that doesn't have a component inside which originates in China. Hell, even try go 24 hours without using a Chinese product.
This is why many countries are looking at re-implimenting protectionism, because we have reached a situation of non-control, regardless of domestic wants.
I don't think I agree with their (Siemens Energy's) stance, without a Long term solution to change the issue, but I understand it's place in the grand scheme.
I read it— but, more importantly, I also know the one thing that China has which constantly allows them to undercut Western manufacturing: cheap labor.
Did he end the comment with one of those Mu-Wahahahahaaaaaa laughs?
Human Hamster Wheels don't seem very green
I mean when we put this guy into it...
I would like him to find a hole to die in.
I was hoping by this point China would also aggressively push into the floating offshore wind technology.
But like everything with China it looks like they want the west to build it first then they will steal it and undercut.
When labor is so cheap you're paying rice for human hamster wheel power generation.
What is he waffling about, chinas renewables are growing faster than any other country
If you read the article you will see that it is about importing materials like rare earth metals from China
A good solution to this is for less dependency on them. This is the nature of them taking too much, and that's just... really not going to work out great for them, nor anyone.
That anybody can disagree with this is truly flabbergasting. China should not be the sole decider of whether our planet lives or dies. I don't... I don't get how anyone, even the Chinese, can disagree with that.
Update: I think it's the petrochemical industry. They've corrupted all the green energy focused subs here super badly from what I've seen so far. I think we've caught their attention already - which may actually be a good sign. We must be doing something effective enough to warrant it.