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by hypeatei
526 days ago
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> Why not? It was probably incorrect to say never, and there is another reply to me mentioning price elasticity which applies here for sure. > eventually be one who realizes they can take more market share from the Chinese Yes, on a longer timeline that is possible but in the short to medium term, it doesn't seem realistic for domestic producers to undercut and make profit. Initially you're building factories, refining processes, training workers, etc. which requires capital and investment. |
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