Why? Because US Mercedez-Benz dealers were selling their cars at too high a price and a lot of Americans were importing them directly from Germany. So the dealers associations lobbied Congress for a ban.
Country of free markets, by the way.
https://www.wsj.com/business/autos/chinese-cars-byd-geely-u-...
Worked with Apple!
China was more than happy to welcome him in, and have him teach them how to build an EV. They simply copied what they could and improved on it.
"The communists will happily sell the capitalists the rope the capitalists hang themselves with"
"Communism" is a theoretical concept. The CCP is what they are protecting, an authoritarian power structure.
How is modern China even close to theoretical "communism?" It's certainly not Marxist, right?
Disclaimer: I believe that pure "capitalism" and pure "communism" are marketing terms which both lead to authoritarianism, aka the "Horseshoe Theory of politics." To me, the natural end-state, if we survive the extremists is Social Democracy. However, it's boring and everyone appears to find the extremes far more exciting.
Not really, marxism is a way of looking at the world, not an economic system in itself
>There are more billionaires in China now, then there were back then
They hadn't even built capitalism fully, so it makes sense that there was less capital
>By that I mean, the wealth disparity in China is at an all-time high now, is it not?
it is, and they're currently working on how to deal with that
>Xi keeps remove the 2 term limits from just position, and has been doing an excellent job at consolidating his power base, through all means necessary.
Sure, but that's just politics. Ultimately if the majority of the party had a problem with him he wouldn't be in power for long before a coup or a request for him to step down happened
Until Xi, China appeared to be moving in a good direction.
No it's not. It's in a state capitalist stage.
It's not. China has literally _thousands_ of years of bureaucratic institutional memory. And it just keeps perpetuating itself.
Before the 20-th century, the Chinese officials had to study the classic Chinese literature and pass exams based on that knowledge. These works were completely abstract and literally useless in day-to-day work. And you had to follow all the rituals to demonstrate your allegiance and being-in-the-group.
Now they just swapped the Classical Chinese works with Marxist writings. Nobody cares about their content, but you have to know them and you have to follow the rituals.
If you think China can only make stuff by copying what other does, you're gonna under-estimate them.
And they clearly have their own expertise. There are videos of BYD and Tesla car teardowns, and you can see that they quite differ in design philosophies.
I think China was more interested in creating more competition internally, rather than just ripping off the technology.
Military, food, energy, etc.
is there even a screen?