Monday, September 18, 2023

Dumping

Big news that is old news. China is dumping government subsidized cheap EV's in Europe. This in attempt to run VW out of business. No one should be surprised at this since that is the MO of China. China used this to accelerate the demise of the steel industry in America and is now doing the same thing to India. China is doing this to any American company trying to make solar panels. The use of coal power for energy, lack of safety for worker, few environmental regulations, low wages and most importantly government subsidizes allows China to make products below the cost of production and then dump them on the world market.

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