Comment on 'Quit Or Accept Minimum Wage': Chinese Company's Ultimatum To 1000 Autoworkers As EV Sales Drop
gravitas_deficiency@sh.itjust.works 3 weeks agoThe goal is to stop China from trying to own the EV market, which is what they’re trying to do by subsidizing export production.
Subsidizing export production is VERY different from subsidizing domestic production. The former is a type of economic warfare; the latter is a domestic policy mechanism. I know it’s nuanced but there is absolutely a meaningful difference.
circuscritic@lemmy.ca 3 weeks ago
That is their publicly stated goal, but that doesn’t mean it’s the policies true objective, or it’s only one.
I’m not providing any moral, or value, judgement on any of this, nor am I claiming to know what went on inside the halls of power when crafting this policy that isn’t public knowledge.
I’m simply stating that there are many “objectives” that this policy might be intended to achieve, other then what’s been promoted.