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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: oddhack ✶  😊 😞
Number: of 4582 
Subject: Re: China's next big problem - cars
Date: 09/21/25 8:42 PM
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To me the broad picture is that China is seeking to dominate another industry at the cost of considerable domestic shakeout, just as the article alludes regarding solar panels near the start. Considering how successful this approach has been with regard to most of the underpinnings of the electrification industry - panels, batteries, motors, etc. - it should be of considerable concern to other countries.

N.b. while purely ancedotal, I've found it interesting that since arriving in Lisboa, I have seen a fair number of European car makes, a much smaller number of American makes (Tesla being the only one present in more than minute numbers), and a predominant number of Chinese makes, most of which I had never heard of before.
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