EVs have no central planning in China?
jaxxed
You have a good point.
I am doubting myself on this after your comment. I don't know much about the domestic purchase volume but if EVs in China.
Hmm, Chinese are a target for EVs, but the production capacity clearly exceeds Chinese civilian purchasing power.
I am refering to the massive drop in real estate value that happen as over the last 2 years. Real estate is a primary wealth vehicle for urban Chinese.
Which "this". Kalas saying the the EU will never agree to annexation may have low impact, but it isn't capitulation.
You're absolutely correct on the US topic, but one comment on the Chinese side: China does suffer from an excess of export focused production. Their excess of production capacity is artificial (created by Goverent investment) and has resulted in the need for continued Government cash injections.
The Chinese government investment injection has resulted in significant leads in at least two international markets (EV, and solar panels perhaps batteries by volume.) The cost has been a parge amount for waste and loss of public money (there were a lot of of losses in their recent tech/chip investment for example.)
These losses came at a hard time when the general popilation was suffering from significant equity loss, mainly real estate. There is an argument to make that trying to spur the domestic market would be better than investing in overcapacity.
I am relieved to read this.
I can't strictly identify with your beliefs, but the "this country versus that country" conversations are driving me nuts; as though any government is ideal, or free from corruption.
F u man... It's 2AM and I just finished cleaning my kitchen. Ech, I forgot the sink, brb.
This.
50% of the economy in the US is controlled by the "Whenever the fuck I want" class.
Black fly in wine. Never heard that before, where does it come from?
"Volksfagen" and "bm-vay"