Lmao China loves its closed economy, but how dare anyone else try to regulate their own economy
Lol, they should know.
“There’s no spyware in there, we swear. Not believing us and investigating anyway is insulting and protectionist!” --China
I know it’s an authoritarian regime, so cluelessness is expected, but they realize making statements like this makes the world more suspicious right?
With all the garbage western companies have to go through to even be allowed business in china, I’m honestly annoyed that we’re not hitting back harder.
The sooner that the rest of the world outright bans Chinese imports the better. Sure the were cheap for a while, but the total cost includes their current shitty government which is a burden too far.
Waiting for the flood of fires that are going to be coming from this. I don’t know how many small battery objects or power cords that are cheap has melted for people. It’s rampant on all the Amazon reviews. Even vapes that are just cheap Chinese crap catching fire from the manufacturers skipping safety.
Already started, an MG melted five cars at Sydney airport the other day.
Damn that’s crazy
For anyone that wants to read it:
https://www.drive.com.au/news/mg-electric-car-battery-catches-fire-sydney-airport/
Awww, China is mad guys… let’s give him a break.
This is the best summary I could come up with:
BEIJING, Sept 14 (Reuters) - A European Commission investigation into Chinese electric vehicles believed to have benefited from state subsidies will have a “negative” impact on economic and trade ties, China’s commerce ministry warned on Thursday.
The investigation launched on Wednesday will determine if punitive tariffs are warranted to protect EU producers from what European Commission President Ursula von der Leyen described as a “flood” of cheaper Chinese EV imports.
“China believes the investigative measures proposed by the European Union are in reality to protect its own industry in the name of ‘fair competition’,” the commerce ministry said in a statement.
“It is a naked protectionist act that will seriously disrupt and distort the global automotive industry and supply chain, including the EU, and will have a negative impact on China-EU economic and trade relations.”
The probe, initiated by the European Commission and not from any industry complaint, will further irritate a tense relationship with China partly strained by trade and investment imbalances.
In 2022, China’s exports to the EU rose 8.6% to $562 billion, according to Chinese customs data.
The original article contains 208 words, the summary contains 180 words. Saved 13%. I’m a bot and I’m open source!
Winnie the Ping of Chinese Communist Party argues if blocking competitors from free market is a good idea.
Removed by mod
