This article seems to be focused on manufacturing for the Chinese domestic market, not the export of cars. They are worried about being shut out of the Chinese market.
And they are 100% right about their assumption. China isn‘t letting anyone in anymore. They use their entire state capitalist machine to reject foreign companies completely. Global companies should forget about China and decouple.
You’re literally making this up, though. As an example, China recently passed a fiscal reform to develop Hainan province making it easier for foreign companies to establish themselves there and, if they give a given percentage of added value, be able to export their product to the rest of provinces without import taxes.
This article seems to be focused on manufacturing for the Chinese domestic market, not the export of cars. They are worried about being shut out of the Chinese market.
And they are 100% right about their assumption. China isn‘t letting anyone in anymore. They use their entire state capitalist machine to reject foreign companies completely. Global companies should forget about China and decouple.
You’re literally making this up, though. As an example, China recently passed a fiscal reform to develop Hainan province making it easier for foreign companies to establish themselves there and, if they give a given percentage of added value, be able to export their product to the rest of provinces without import taxes.