|
|
|
|
|
by fn-mote
37 days ago
|
|
> Chinese goods generally sell at a markup abroad, which is the opposite of dumping Dumping is selling goods below cost. Usually because government is subsidizing part of the production. I don’t believe the word “dumping” is used for the similar process when Venture Capital is subsidizing it, but using the same term would make sense. Price at home vs abroad does not matter. |
|
This is not what is happening here. Chinese manufacturers are making a large profit off every car they sell in Western markets. As I said above, they're selling these cars at several times the price they charge in China. Unless you believe these cars are being sold at just 30% of cost in China, there's no way Chinese companies are selling below cost in the West.