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For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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This is how modern "competition" works in every industry. China is just following the standard model of taking losses in order to monopolize the market. Why do you think so many companies in the US (Uber being the most obvious one) are just taking losses for years and years?
I feel like people don't understand modern economics and the complete lack of competition. So when our media says "China is bad. Look at them cheating!" people believe it.
China isn't cheating or "going to crumble because of this" like all the YouTube click bait videos say. This is literally just how the global markets work.
Is it good? Fuck no. But it's not unique to China at all. And their 5 year planned economic systems are much more prepared for a global collapse than ours are. At least in meeting the material needs of its citizens. The US has all but gutted any of its social safetynets for when this all goes to hell.
And companies like Uber, Amazon etc. are heavily disliked by a lot of people because of it. This tactic forces smaller companies into bankruptcy and is bad for the consumer in the long run.
So yeah, it is absolutely not good either if China props up their whole EV industry to establish a monopoly. I hope governments around the world are pushing back as much as possible to keep their local car manufacturers alive, their economies will profit from it.
Not supporting this doesn't mean that you don't understand modern economics, on the contrary I would argue.
I guess you didn't read my last paragraph. My comment wasn't about defending China. My comment was about critizing the "China bad" that comes from people that don't understand the economics and just listen to the xenophobic media narratives.
All countries our guilty of these types of things. China is just winning at it and the west is pretending it's not losing.