US warns China overproducing EVs, batteries, semiconductors for global dominance
reuters.com
reuters.com
China has always been factory to the world recently. Western countries are simply upset they have to compete with a new competitor willing to support, through policy, manufacturing systems at scale for products the world not just wants, but desperately needs.
US enterprises are happy to profit from international business when it’s easy. But having to compete against someone that forces them to rapidly innovate and scale? Too hard.