Amid China's struggles with excess manufacturing of various products, workers at a domestic auto plant are confronted with a tough decision regarding their employment....
If it's to damage China's EV producers, then yes, they'll work.
If it's to promote sales of domestically produced EVs, then probably a bit, although to what degree is unknown.
If it's to help domestic producers ramp up and grow the domestic EV market at, or around, the same rates that cheap imported EVs would... probably not.
Which circles back to, if the goal is to dampen and slow the adoption of EVs en masse, then yes, it will probably work. Although, to what degree is unknown and can be heavily influenced by other forms of legislation and regulation.
That is their publicly stated goal, but that doesn't mean it's the policies true objective, or it's only one.
I'm not providing any moral, or value, judgement on any of this, nor am I claiming to know what went on inside the halls of power when crafting this policy that isn't public knowledge.
I'm simply stating that there are many "objectives" that this policy might be intended to achieve, other then what's been publicly promoted.
Which is pretty much true for any piece of legislation or new regulations that get processed through bureaucratic machinery with many competing outside influences and pressures.
FWIW I'm not a free trade economic liberal. I support protectionism, when it's justified. Especially in cases where it protects workers, or counters hostile policies e.g. dumping.
There are legitimate justifications for this type of protectionism, such as dumping and other predatory pricing schemes. Those are reasonable and legitimate concerns in this instance.
My point was that for a policy with so many vested and monied interests, it's not unreasonable to consider that the policy makers might have alternative, or additional, policy objectives as well, including ones that aren't publicly acknowledged.
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'Quit Or Accept Minimum Wage': Chinese Company's Ultimatum To 1000 Autoworkers As EV Sales Drop ( www.ibtimes.co.uk )
Amid China's struggles with excess manufacturing of various products, workers at a domestic auto plant are confronted with a tough decision regarding their employment....
Weird flex ( sopuli.xyz )
Alt text: A LinkedIn post with a picture of a couple looking at each other. The text on the image reads: 9 years ago I DMed my crus h telling her I’m going to take her out on a date, yesterday I asked her to marry me, she said no both times and blocked me. Anyways here’s a picture of a random couple I found on google.
UAW preparing the US for a general strike in 2028 ( www.404media.co )
Mark your calendars