Do many people hold the view that Chinese cars are cheaper because of subsidies?
Seems pretty obvious that the world's largest market, with a huge manufacturing base, lower wages, industrial policy, and weak yuan all combine to make cheap cars.
As a US citizen, I'm happy that China is transforming the global auto market. I just wonder how long it will take to rip the tariff band-aid off.
Do many people hold the view that Chinese cars are cheaper because of subsidies?
Seems pretty obvious that the world's largest market, with a huge manufacturing base, lower wages, industrial policy, and weak yuan all combine to make cheap cars.
As a US citizen, I'm happy that China is transforming the global auto market. I just wonder how long it will take to rip the tariff band-aid off.
Economics = maths, so people ignore anything related until it hits them in the arse
Why is 2026 Nissan LEAF is cheaper than Tesla? Does the Japanese government subsidies Nissan?
1. Teslas are bad cars 2. Tesla isn't a car company