this post was submitted on 06 Aug 2024
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It's a touch more complicated than that, because China doesn't let their currency float, which makes Chinese products much cheaper in foreign markets, and foreign products more expensive in China, when the Chinese government allows them in.
and we want to support domestic construction of EVs as well.
I agree with you, but people need to stop looking at the economy as a "free market".
Almost every single government are putting restraints on one product or another.
Yes, we want to support domestic construction. We need competition, and we don't need to ship goods across the world as much as we do.
But the market is not free. And that's a good thing.