Cars and some farm products such
as beef are not doing well by Chinese.
China needs charging stations
more than us as most citizens live in apartments. China is still producing
cheap cars with thin profit margins locally. Most citizens love foreign cars.
With Volvo China should master
the engine and transmission.
Every car manufacturer is
watching Tesla. It would save about 25% tariff from importing a fully assembled
Tesla. However, they have to have a partner with Chinese who may learn their
secrets.
If Tesla is successful, then BYD,
the local EV, is failing to me.
EV has been approved by the
government expecting to solve some environmental problems.
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