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Biden warns China's economy is on the brink
(www.axios.com)
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this post was submitted on 05 Jun 2024
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politics
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Wait...
So why do we keep banning their electric cars and completed solar panels?
If their economy is crumbling, why do t we let Americans buy their cheap green products as climate change is a pressing issue that we cant afford to wait to address?
I don't see logical consistency here...
Because dumping cheap equipment hurts everyone in the long run. It damages the research pipelines, it damages production capacity, and it risks public safety.
It's essentially a method to create a monopoly that you can then exploit later.
I think the issue is I said "cheap" meaning "inexpensive".
And you've taken it to mean "low quality".
BYD is surprisingly high quality, as is their solar panels.
For the panels specifically, we can completed units for consumers, but allow the pieces imported with a tarrif and then put together and sold at a drastically higher price.
I meant cheap as in subsidized, these panels are being sold below what the normal market conditions would warrant due to interference from the Chinese government.
This is what's being used to push the harms I mentioned.
They're not tho...
It's just their corporations are ok making less money than an American corporation.
So the American government is eliminating the competition for the American corporations.
Which fucks over everyone that doesn't own stock in those corporations in favir of those who do.
"Their corporations are ok making less money"
I have so many bridges to sell you
The People's Capitalist Greed (it's not as bad we pinky promise)
Making it crumble is the point. The sanctions and whatnot are working. Mission accomplished. God this is so stupid.