this post was submitted on 31 May 2026
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[–] roserose56@lemmy.zip 2 points 3 months ago (2 children)

China funds all these companies and their projects, that's why China is pushing forward.

[–] theacharnian@lemmy.ca 1 points 3 months ago* (last edited 3 months ago)

So you're saying that neoliberal "free market" economics doesn't work and that state intervention in the economy is actually superior. Maybe we should try that whole "socialism" thing in the West too. Let's even call it "socialism with Western characteristics".

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[–] austin@piefed.social 0 points 3 months ago

is there a tina from china community on here..

[–] qevlarr@lemmy.world -5 points 3 months ago* (last edited 3 months ago)

I'm partial to this explanation, what do you people think? I'm not an expert

Summary: Western car makers don't make cars, they assemble cars from parts they buy. Their business is procurement and they don't engineer the car from the ground up to meet a product vision. Rather, they're trying to make something from the same old parts and suppliers of the internal combustion engine times.

It's "nobody gets fired for buying IBM" but for cars

https://youtu.be/UhhZu0ZHdw4

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