It is not cost effective to extract from the newly discovered deposit. It is better to save it for national emergency.
Chinese Economics Thread
- Thread starter Norfolk
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It is not cost effective to extract from the newly discovered deposit. It is better to save it for national emergency.
Why would they target Bytedance Toutiao?
Sensational headlines and distorted content just for clickbait.
I recently saw a video which stated China's protectionism policy in the automotive sector will be removed next year, meaning foreigners can own 100% of car companies in China from next year
Anybody knows what this will mean? Will we see a consolidation? Hopefully it creates a few national champions like Toyota or Kia and gets rid of all the crappy "Roewe", "Maxus", "Weiwang", "Ruili" nonsense
Anybody knows what this will mean? Will we see a consolidation? Hopefully it creates a few national champions like Toyota or Kia and gets rid of all the crappy "Roewe", "Maxus", "Weiwang", "Ruili" nonsense
It is to incentivize foreign investor and delay decoupling. Big businesses who want a piece of the pie will lobby their respective governments hard. How effective it is remains to be seen.
@siegecrossbow its a good ploy , ICE will be obsolete by 2030 therefore most of those new investment will focus on EV, improving China tech base and local supply chain. Sir gov't infrastructure investment are bearing fruits that is the reason why China is so attractive to foreign investor, by accommodating and incentivize them China will captured a large chunk of the global EV market and become a major producer and supplier. Just look at Tesla and what it did in invigorating the Chinese EV market.
Japanese brands should be excluded.
@Tyler
bro I heard most of it parts came from China, so its a win win, Japan had lot to offer especially its AV