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1. Nicholas (nick@toot.cafe)'s status on Thursday, 07-Mar-2024 02:37:45 JST Nicholas

   in reply to

   @feld But the difference is that the US incentives are domestic, and designed to nurture development within the US's borders. $500m to pay American jobs to refurbish old auto factories. $7500 to middle-class Americans to buy EV rather than ICE. The Chinese incentives are 1) secret 2) external-facing. They're just taking losses. Combined with their supply chain of forced labor [1], it's clear the Chinese government is enacting predatory pricing & then lying about it.

   [1] https://www.nytimes.com/2022/06/20/business/economy/forced-labor-china-supply-chain.html