This is a bit of a tangent, but it highlights exactly what people miss when talking about China taking over our industries. Right now, China has about 140 different car brands, roughly 100 of which are domestic. Compare that to Europe, where we have about 50 brands competing, or the US, which is essentially a walled garden with fewer than 40.
That level of internal fierce competition is a massive reason why they are beating us so badly on cost-effectiveness and innovation.
It's the low cost of labor in addition to lack of environmental regulation that made China a success story. I'm sure the competition helps too but it's not main driver
That happens in most of the world. Why China, then?
Because they have a billion and a half people and they were willing to be the western world’s factory.
Consequence is they are now facing an issue of “cancer villages” where the soil and water are unbelievably poisonous in many places.
which isnt particularly unique. its comparable to something like aome subset of americans getting black lung, or the health problems from the train explosion in east palestine.
it took a lot of work for environmentalists to get some regulation into the US, canda, and the EU. china will get to that eventually
It isn’t. I just bring it up to state there is a very good reason the rest of the world doesn’t just drop their regulations. In the future I imagine China may give up many of these industries and move to cleaner ones, letting someone else take the toxic manufacturing.