Tesla operates Giga Shanghai fully independently and competes freely.
>And not just American but any outside company.
So did Italy, Germany, Japan and Korea to build up domestic auto industries otherwise Detroit would have steemroled them.
Tesla operates Giga Shanghai fully independently and competes freely.
>And not just American but any outside company.
So did Italy, Germany, Japan and Korea to build up domestic auto industries otherwise Detroit would have steemroled them.
Companies abided to ruthless Chinese rules because they were greedy and wanted to exploit the Chinese slave labor and also get access to Chinese market, but the CCP didn't put a gun to their head and forced them to come to China, they decided that themselves for the sake of the holy shareholder growth. And now, 2 decades after you've made your money, you're complaining over a consensual arrangement?
And trade is always gonna be asymmetric, with rules in foreign countries that don't exist in the US. That's why the EU fines US companies regularly. China isn't much different. You want to operate in China, then you gotta follow the CCP rules. You don't? Then just leave. Easy.