posted in Technology
Xiaomi Has a Luxury SUV for $31,000 That All Western Brands Should Fear
www.wired.com/story/xiaomi-has-a-luxury-suv-all-western-brands-should-fear/Replying to @GolfFoxtrotLima@sh.itjust.works
Damn, never though I’d say this, but I think China is gonna save capitalism from itself.
Replying to @schipelblorp@sh.itjust.works
Nah. It’s just another rug pull in preparation. Undercut prices until the competition breaks, then fuck things up with your monopoly. We’re in the undercutting prices phase, but the Chinese will want to have their fair share of interest on the subsidies they use to do that right now. It’s the same old fucking capitalism again and nothing is saved from it.
Replying to @Asetru@feddit.org
Everyone said this would happen when Japanese cars started being sold in the US. It never happened.
Detroit isn’t even trying to compete.