Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Wouldn't that be an argument for Americans (and others) to buy _as many_ Chinese cars as possible? Unless China is imposing export tariffs/taxes/etc. on them, this would basically be draining the subsidized money from their economy - every purchase is a chunk of that subsidized money escaping.


That’s fair but China will get that money back in the future when they’ve removed the local market competition and start cranking up the prices. They want these cars exported so that’s the subsidies working as far as they are concerned.

They’ve done this in other, less consumer facing markets, like steel and magnets.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: