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Former GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturers (www.nytimes.com)
submitted 1 year ago by to c/technology@lemmy.world
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[–] 5 points 1 year ago (7 children)

No the rest of the world has been sleeping when China silently bought all the mines and harbors in the past decades.

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  • [–] 7 points 1 year ago (4 children)

    If our CEOs and business leaders are supposedly the world's best, why didn't they spent their capital shutting China down instead of their lavish lifestyles and payouts for their wealthy stockholders? I guess they aren't as good at running businesses as they claim to be.

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  • [–] 1 point 1 year ago (3 children)

    When the only goal by law is maximize profits, the motivation tends to favor minimizing cost. Change the rules, and enforce a new set of values. Only then will the situation improve.

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  • [–] 1 point 1 year ago (2 children)

    That and the fact that these people aren't patriots. They're looters. They don't believe in America per se. They believe in the economic system that advantages them and disadvantages others. It's just that simple. America is no longer a land of opportunity. Perpetual poverty is their goal. Keeping people down is the point.

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  • [–] 2 points 1 year ago (1 child)

    I have to concede that i believe you might be right about that, sadly.

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  • [–] 1 point 1 year ago

    The MAGA base even admits as much. They say if we change the tax system, the wealthy will just leave. Capitalism is purely about profit and patriotism and national unity are only useful insofar as being a tool to ensure the money keeps flowing in.

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  • [–] 3 points 1 year ago (1 child)

    China is performing a new colonialism. Exploiting poor countries for their cheap resources.

    While the rest of the world is trying to steer away from it because it is so horrible. So please, don't praise China for it.

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