/int/ - International

Planned economy works in China I guess.

>>30905 Yeah, it's called having an actual industry-based real economy, not anus bleaching service "economy" ran by schizo green faggots like in the cuckold globalist west.

>>30912 In a perfect world we'd have anus bleaching service and strong industry.

Chinese electric cars are affordable and have all those little gadgets the chinese love that VW or Ford won't or can't offer because of privacy or safety laws in their producing countries.

The key was the shift from combustion engines to electric engines. This dwarfed the technological advantages of established car manufacturers. They learned the other parts of car manufacturing by forcing outside manufacturers into chinese joint ventures because otherwise they wouldn't have been allowed to access the chinese market. I work in the automotive industry and most of the growth after covid until two years ago was driven by chinese demand. This shows the investments and drain of know-how to china. Then the demand suddenly totally collapsed and now the german automotive industry is crying.

>>30928 >>30939 I'd also add that Western auto manufacturers had to abandon the Russian market, which is like 1.6 mln vehicles per year

>>30939 >the german automotive industry is crying What is the plan for the future now, since the car industry is such a big part of the German economy?

>>30950 Sell the remains of the industry to the chinese as long as there is still value in it. Invest the money in the american stock market and live off dividends.

Step 1: Convince the west that everything will be groovy with free trade so you don't need law and fair practices Step 2: Convince Western companies to locate production in China and then steal IP Step 3: Prop up local industry until you start exporting to your former bosses Step 4: West can't reverse course because the China is a big market and now have all the workforce expertise You'll notice that even today exports to India and Brazil for things like jets come with strings attached for local production - so you sell then your jets but it's mortgaging on future exports. It's like the end of Independence Day where the filthy humans work out how to defeat the aliens using stolen tech, computer hacking and illiterate farmers we used to anal probe coming back for revenge. >>30950 Germs are seeing growth in other sectors and any empty factories are being retooled to build weapons now. I made a lot of money realising that the DAX had reached peak pessimism last Christmas.

China pushed a lot of public money into that part of the industry, devalued its currency, ensured labor costs would stay low, kept social security very low (motivating people to work very hard), blocked the foreign competition, sent its provinces and companies into an extremely fierce battle for survival, and now the best of their best engineers design solid cars which can be produced very efficiently in such overquantities that they can flood other markets. We could have had the same if every time some industry gets into trouble, like the German car industry has been for decades, we let the weak companies die off and just bailed out the best ones (if any get bailed out at all). But to us a single person possibly losing their job is more important than long-term planning.

Cutting edge US tech companies keep giving away their IP by setting up their factories in China. Many of their components are sourced from Chinese companies. Within a few years, suddenly Chinese companies make massive tech leaps and become rivals. Tesla opened its Shanghai Gigafactory in December 2019. China's EV market took off in 2021. The same thing happened with smartphones: >Apple built China's smartphone market dominance by creating an intense "supply chain boot camp," transferring advanced manufacturing skills, and fostering a robust ecosystem of Chinese suppliers (like Foxconn, BYD, Luxshare) through massive investment, strict quality demands, and technology transfer, enabling these local companies to rapidly become foundational for domestic giants like Huawei, Xiaomi, Oppo, and Vivo, transforming China into a global tech manufacturing powerhouse https://www.youtube.com/watch?v=NAj9zB4vaZc

In addition to any good explanation Bernds give above: Since the war on Ukraine started Euro car manufacturers left Russia and China dumped huge amount of outdated cars they produced into Russia. That surely helped numbers.