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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://toot.cafe/users/nick/statuses/112049851122564424">Nick (nick@toot.cafe)'s status on Thursday, 07-Mar-2024 02:37:56 JST</a><a href="https://toot.cafe/@nick" title="nick@toot.cafe"><img src="https://gnusocial.jp/avatar/139478-48-20230623205856.webp" width="48" height="48" alt="Nick" style="position: absolute; left: 0; top: 0;">Nick</a><div><a href="https://bikeshed.party/objects/40406204-92ba-449c-aa75-363e1301d21e" rel="in-reply-to">in reply to</a><ul><li></ul></div></section><article><p><a href="https://bikeshed.party/users/feld">@feld</a> 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 &amp; then lying about it.</p><p>[1] <a href="https://www.nytimes.com/2022/06/20/business/economy/forced-labor-china-supply-chain.html" rel="nofollow noreferrer">https://www.nytimes.com/2022/06/20/business/economy/forced-labor-china-supply-chain.html</a></p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/2796519#notice-5544859">In conversation</a><time datetime="2024-03-07T02:37:56+09:00" title="Thursday, 07-Mar-2024 02:37:56 JST">about 9 months ago</time> <span>from <span><a href="https://toot.cafe/@nick/112049851122564424" rel="external" title="Sent from toot.cafe via ActivityPub">toot.cafe</a></span></span><a href="https://toot.cafe/@nick/112049851122564424">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: static01.nyt.com</div><h5><a href="https://www.nytimes.com/2022/06/20/business/economy/forced-labor-china-supply-chain.html">Red Flags for Forced Labor Found in China’s Car Battery Supply Chain (Published 2022)</a></h5><div> from <span>By Ana Swanson and Chris Buckley</span></div></header><div>Ties to potentially coercive labor practices could prove a problem for an industry that is heavily dependent on China, once a new law barring Xinjiang products goes into effect.</div><footer></footer></article></li></ol></footer></blockquote>

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Nick (nick@toot.cafe)'s status on Thursday, 07-Mar-2024 02:37:56 JSTNick
in reply to
- feld
@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
In conversationabout 9 months ago from toot.cafepermalink
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1. Domain not in remote thumbnail source whitelist: static01.nyt.com
  Red Flags for Forced Labor Found in China’s Car Battery Supply Chain (Published 2022)
  from By Ana Swanson and Chris Buckley
  Ties to potentially coercive labor practices could prove a problem for an industry that is heavily dependent on China, once a new law barring Xinjiang products goes into effect.

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