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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What most people refuse to recognize is this is not the China of 20 years ago. They have a huge domestic market now.

It is sort of like the US at the turn of the century. There is more than enough consumers in China to support their domestic companies. China is at the point where they do not need the US and there is little the US can do about it.

Look at the world new car market. China’s new car market is 40% of the world’s new car market and has over 350 domestic firms account 68% of the sale in 2025.

The US new car market is 18% and US car manufacturers account for 30% of sales. US car manufacturers are basically an afterthought outside the US. [/quote]

Okay. Hip hip hooray Bully for China, yay, go team?[/quote]

The interesting thing is they are doing it without venture capitalism. This means they can employ more engineers, developers and designers because there is a lot less debt and the money is not taken by the private equity firms. They would arrest and put people on trial if a firm did what American Industrial Partners(PE firm) did.

Summary from AI
“ Private equity firm American Industrial Partners (AIP) is facing lawsuits and congressional scrutiny for allegedly driving up fire truck prices and causing massive delivery delays. The firm created the REV Group, which, along with other manufacturers, is accused of controlling up to 80% of the market, doubling prices to over $1 million for pumpers and $2 million for ladders”

Wonder how many people died because of this.[/quote]

There's a lot of death to go around.

China’s building boom emerges as a hidden driver of air-pollution deaths
https://www.eurekalert.org/news-releases/1115812

China’s construction boom linked to 1.1 million premature deaths in a single year
https://www.earth.com/news/chinas-construction-boom-linked-to-1-1-million-premature-deaths-in-a-single-year/

Evaluating Building Construction Safety Performance in Different Regions in China
https://www.mdpi.com/2075-5309/13/7/1845[/quote]

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