They banned import/forced local production which ended in the trained workers then quitting and creating the competitor.
That pattern played out with every large company that tried to get into the Chinese market
The only surprising part about it is how these MBAs kept doing it across industries
Do we want to strength economically an authoritarian country who is opposed to Western aims across the world?
Of course not. That would be shooting ourselves in the foot.
Everyone should be able to make a luxury 30k vehicle sustainably
I've got no love for China, but I'm not gonna shed a tear for a large corporations crying over someone else having an unfair advantage.
North America imports cars in large quantities from every car making region in the world (that is not banned). What parts of the world sell high volumes of NA vehicles? They are not banned, just unwanted.