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by google234123
856 days ago
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Western companies have been basically shut out of the Chinese market since the beginning-even more is now. A huge trade imbalance should have naturally balanced itself out in a true free market. The fact it’s been so distorted for decades shows how bad it is. A rebalancing must occur and will be good for everyone in the long run Chinese policy making has been hugely protectionist and interventions lost for decades. |
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China is Mercedes' biggest market. Audi sells more cars in China than in all of Europe. Tesla is one of the top EV sellers in China.
It's actually the US who has shut off China's access to the US car market.