Foreign investment was because of cheap labor and companies being subsidized by the communist government…
BYD might make a better car than Tesla, but saying that a Chinese company isn’t “under the control of Xi Jinping”, the guy who crushed Hong Kong for having too much independence and wants to do the same with Taiwan, is laughable.
That’s actually a bit of a myth you know. Labour in China used to be dirt cheap 30 years ago but that’s not the case now. You need experts to build cars and they demand an appropriate salary. They probably don’t get paid as much as they would in the west but they’re not being paid pennies an hour either. However the idea that China is cheap has persisted.
There’s a reason that Apple doesn’t make the iPhone there anymore. It was getting too expensive ie they were being asked to pay for a decent wage, and they weren’t prepared to.
Foreign investment was because of cheap labor and companies being subsidized by the communist government…
BYD might make a better car than Tesla, but saying that a Chinese company isn’t “under the control of Xi Jinping”, the guy who crushed Hong Kong for having too much independence and wants to do the same with Taiwan, is laughable.
That’s actually a bit of a myth you know. Labour in China used to be dirt cheap 30 years ago but that’s not the case now. You need experts to build cars and they demand an appropriate salary. They probably don’t get paid as much as they would in the west but they’re not being paid pennies an hour either. However the idea that China is cheap has persisted.
There’s a reason that Apple doesn’t make the iPhone there anymore. It was getting too expensive ie they were being asked to pay for a decent wage, and they weren’t prepared to.
Just take that sentence at face value and consider the ridiculousness of actually believing the guy alone has that amount of crushing power.
You’re just regurgitating unfounded US propaganda which, this being Lemmy, is very unfortunate to see.