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by layer8 562 days ago
If you do that often enough, at some point the state won’t have enough money to pay the unemployed any more. Also, there are reasons why the same product can be manufactured more cheaply in China than (say) in Germany, that have to do with different standards for labor rights, safety standards, and so on, not with anyone failing to make a good product. And it’s not like China doesn’t subsidize its automotive industry as well.
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A lot of the things that we buy in Europe are already manufactured cheaply in China with different standards etc. We are moving a lot of manufacturing back to Europe, mostly in the eastern part of it. That part is still 'cheap' aka they can put the made in eu logo on the box, pay employees eastern Europe prices and ask buyers western Europe prices.

The same thing with the eu car companies... they even took the money from the states where they had factories (Germany, Belgium, France) which greatly subsidized them, increased their profits and margins then moved to the next EU state and beyond.