Skip to content

Comment on The US Used to Demand the Best Tech. Now We Ban Itparent

Comments

And today, Chinese marques are eating everyone's lunch on every metric in the EV sector because

the industry is running at a loss, and dumping below cost products on the global markets.

I hear this about every Chinese product from steel to LLMs, but it can't be possible to run every industry at a loss at the same time, especially not for a net-creditor nation. Which Chinese industries are running the surplus that subsidizes the rest?

I hear this for EVs mostly. They do this in sectors where they want to become the monopolist, so they can then raise prices (not really criticism, everyone tries to pull this). I agree with you it’s not possible to do this everywhere at the same time.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.