You mean if China produces vehicles that offer tremendous value and consumers love them? Lots of happy consumers who can spend money on other things they want.
> and the US players go out of business
US automakers have been bailed out several times now and have been insulated from competitive pressures. It is inevitable that several of them will go out of business. This is not a bad thing. The valuable bits will be snapped up by other firms. (pension obligations will be another story). [^1][^2]
> What happens if there’s a major war...
Healthy trade between the US and China dramatically reduces the chances of a major war. China is not run by an irrational child, its policy is influenced by wealthy business owners and its large capitalist class. Those people do not want to go to war with their best customers. [^3][^4]
(Warmongering over China is coming strictly from US hawks who are attracted to the narrative to distract attention from tough times at home.)
> You think a new crop of auto companies come up and then are able to compete against lower wage workers combined with gov financing?
The US auto industry has been significantly bailed out several times. US auto industry workers are heavily subsidized by US government policies. [^5][^6][^7]
Surely the line is viewed by China as increasing security and the chance of peace. When there were multiple superpowers the US had areas of ocean that it was most concerned about the security of vs areas that it was less concerned about.
As China emerges as a superpower, of course it will have its own.
I can’t but read your comment as anything more than sarcasm. Confusing international waters and the nautical territories of weaker nations as your own territory is all but asking for war.
You mean if China produces vehicles that offer tremendous value and consumers love them? Lots of happy consumers who can spend money on other things they want.
> and the US players go out of business
US automakers have been bailed out several times now and have been insulated from competitive pressures. It is inevitable that several of them will go out of business. This is not a bad thing. The valuable bits will be snapped up by other firms. (pension obligations will be another story). [^1][^2]
> What happens if there’s a major war...
Healthy trade between the US and China dramatically reduces the chances of a major war. China is not run by an irrational child, its policy is influenced by wealthy business owners and its large capitalist class. Those people do not want to go to war with their best customers. [^3][^4]
(Warmongering over China is coming strictly from US hawks who are attracted to the narrative to distract attention from tough times at home.)
> You think a new crop of auto companies come up and then are able to compete against lower wage workers combined with gov financing?
The US auto industry has been significantly bailed out several times. US auto industry workers are heavily subsidized by US government policies. [^5][^6][^7]
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[^1]: https://www.history.com/topics/21st-century/auto-bailout
[^2]: https://www.thebalance.com/auto-industry-bailout-gm-ford-chr...
[^3]: https://www.piie.com/blogs/realtime-economic-issues-watch/tr...
[^4]: https://www.cfr.org/blog/how-trade-can-reduce-conflict
[^5]: https://hbr.org/2019/06/how-china-wins
[^6]: https://thediplomat.com/2020/12/chinas-capitalist-classes-th...
[^7]: https://www.investopedia.com/terms/b/bailout.asp