GolfFoxtrotLima@sh.itjust.works to Technology@lemmy.worldEnglish · 1 day agoXiaomi Has a Luxury SUV for $31,000 That All Western Brands Should Fearwww.wired.comexternal-linkmessage-square125linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkXiaomi Has a Luxury SUV for $31,000 That All Western Brands Should Fearwww.wired.comGolfFoxtrotLima@sh.itjust.works to Technology@lemmy.worldEnglish · 1 day agomessage-square125linkfedilink
minus-squaretb_@lemmy.worldlinkfedilinkEnglisharrow-up0·11 hours agoOne way the Chinese government is “subsidizing” their cars is by suppressing the living standards of its people. That and their industry doesn’t appear to be as bloated and shareholder-driven.
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up0·8 hours ago suppressing the living standards of its people. You mean letting billionaires avoid tax, adding tariffs to everything, and driving up the price of gas?
minus-squarerealitista@lemmus.orglinkfedilinkEnglisharrow-up0·9 hours agoThere are no shareholders because you’d have to be a fool to compete with the Chinese government as an investor. Returns are perpetually suppressed.
minus-squareSaveTheTuaHawk@lemmy.calinkfedilinkEnglisharrow-up0·8 hours agoJFC Lemmy… BYD is a public company and was originally funded by Warren Buffet. He made almost 9 billion.
One way the Chinese government is “subsidizing” their cars is by suppressing the living standards of its people.
That and their industry doesn’t appear to be as bloated and shareholder-driven.
You mean letting billionaires avoid tax, adding tariffs to everything, and driving up the price of gas?
There are no shareholders because you’d have to be a fool to compete with the Chinese government as an investor. Returns are perpetually suppressed.
JFC Lemmy… BYD is a public company and was originally funded by Warren Buffet. He made almost 9 billion.