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Joined 1 year ago
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Cake day: June 13th, 2023

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  • It’s weird that this has to be explained to Americans - this is how much of Big Tech got to where they are, except they call it “disruption”.

    BTW this shows perfectly that free markets are not a be-all-end-all thing. It’s a tool, and if it produces outcomes that you don’t like, you can adjust it for better outcomes. The hypocrisy here is not that they pretend to worship the market then cry foul when China enters it on their terms, but that they do adjust it for their benefit all the time, and only pretend to worship it when people ask for their fair share.






  • Good for them. The point is not that they are doing “bad things”. “Dumping” is not a curse word, it’s an economic strategy, one that’s practised by a whole bunch of companies, and not just Chinese ones. When Auchan is selling watermelons at a rate where they barely make any money over a single sale - but make a ton of money on other stuff you get while shopping for watermelons, it destroys farmer’s markets, for example.

    All I’m saying is that the choice before the EU leadership was either letting Chinese EVs into the market and risk getting into a position where Chinese companies - and by extension the Chinese government - can pull the levers on the EU car market, in exchange for us getting to buy cheaper EVs right now.

    The EU - and you can fill in the blank whether they did it because they wanted to protect EU carmakers’ business, or they wanted to prevent another situation similar to the one with Russian gas - decided that the risk is not worth it. My guess is that some voted as they did because of the former, others because of the latter. That said, you can’t really say that the EU would be “crooked” for either of these things, as fighting for the EU car industry against other countries’ car industries is well within their mandate, as is protecting the EU’s strategic political autonomy.

    It’s just how things are, like with the great firewall. If someone wants to sell software services to China, they have to conform to their standards. You can say it’s good or bad, but that’s just how things work. As a European, I don’t care about this specific issue either way, we should be buying fewer cars, electric or otherwise. People who live in places in the EU where you need cars because there’s no good public transport also tend to be living in places where you can’t afford to buy new anyway, not even at BYD prices.