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Chinese cars are pouring into Mexico — and the U.S. is worried - Autoblog
(www.autoblog.com)
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this post was submitted on 16 Jun 2024
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I think the word they're looking for is in fact "outcompeting."
Yutaro-Katori-with-butterfly-meme: Is this capitalism?
Outcompeting by having a nation subsidize the cost. Until local manufacturers go out of business because they can't compete. Then China owns the entire industry she jacks to the price.
It's like no one has been paying attention.
Ah, I see. So it's cool when we do it (fossil fuel and ag subsidies, the auto industry bailout in 2008, etc.) but not when they do it.
Got it.
But but but, rampant capitalism good