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schizoidman@lemm.ee to World News@lemmy.mlEnglish · 1 year ago

China’s plan to get around Western tariffs: Fill the world with factories

english.elpais.com

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China’s plan to get around Western tariffs: Fill the world with factories

english.elpais.com

schizoidman@lemm.ee to World News@lemmy.mlEnglish · 1 year ago
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In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition
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  • superkret@feddit.org
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    1 year ago

    So they’re now outsourcing production to the West? We’ve really come full circle.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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      1 year ago

      The difference is that they’re not doing it at the expense of hollowing out their domestic industry. They’re supplementing their own industry by building additional industry around the world.

  • QuarterSwede@lemmy.world
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    1 year ago

    Seems like a short lived plan. Just need to change laws so that Chinese owned vehicles have a tariff, no matter where they’re made. Of course, then they just create shell companies in the states/EU and the game of cat and mouse continues.

    • schizoidman@lemm.eeOP
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      1 year ago

      The EU Wants Chinese car factories to operate locally.

      Chinese EV maker BYD welcome to open factory in France, French finance minister says

      European nations compete for Chinese EV factories, jobs even as EU weighs tariffs

      China’s Dongfeng in pole position to build an auto plant in Italy - Italian sources

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