Xiaomi Has a Luxury SUV for $31,000 That All Western Brands Should Fear

Damn, never though I’d say this, but I think China is gonna save capitalism from itself.

My guess is that these Chinese manufacturers will kill the old automakers that are in rapid decline after decades of low quality products at high prices.

I don’t know if the Chinese brands have good quality but they’re priced lower than the expensive low quality trash that’s already on the market from all the other automakers.

sell cheap to kill competition around the world. leverage new global monopoly for fun and profits later.

This. I’m all for competition and innovation, but this is subsidized by the Chinese government to exploit a lack of manufacturing in other countries.

If you’ve heard about how food or clothing donations harm local farmers and weavers, same principle. We should be encouraging domestic production around the world, not allowing one country to undercut everyone else.

China is doing exactly what other countries and corporations do to establish and compete in markets.

Let me repeat it: China is doing exactly what other countries and corporations do to establish and compete in markets.

And because it doesn’t ever seem to sink in: China is doing exactly what other countries and corporations do to establish and compete in markets.

Newsflash: Sinophobia is not an economic strategy.

Edit: "“All for competition and innovation” The United States barred China from buying the latest NVIDIA chips to keep it out of AI. Typical American racist scapegoating.