China has declared war on the Western automotive sector. This is also one of the reasons for Germany's deep crisis, the refusal to recognize reality, to correct the terrible mistakes in energy policy and regulation.
pull down to refresh
pull down to refresh
China has declared war on the Western automotive sector. This is also one of the reasons for Germany's deep crisis, the refusal to recognize reality, to correct the terrible mistakes in energy policy and regulation.
They were happy paying around a 30% premium on German cars not too long ago.
China has tried to do this so many times before.
Once their production goes down, they will have to sell instead of hoard.
Their economy cant take it.
Yea similar playbook as last time