this post was submitted on 08 Apr 2026
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Then fire him and hire someone with a plan to match.
The problem is Japan doesnt refine any materials while China refines all the materials, and electric vehicles are relatively simple relative to combustion engines so theres less barrier to entry. The largest barrier is the battery, which is also manufactured in China.
Also employees that work very long days for minimal pay. I say we should not compete with that.
Wages are small in China because cost of life is small. You can find a bowl of noodles for $2 or less in most of China, 90+% of people own their housing so don't have to pay rent, and utilities are heavily subsidized. I spent 2 weeks visiting China a bit over a year ago and I saw fewer homeless people in the whole trip than I saw between the airport and the hotel in my only US visit (work related)
Japan has that.
This article seems to be focused on manufacturing for the Chinese domestic market, not the export of cars. They are worried about being shut out of the Chinese market.
And they are 100% right about their assumption. China isn‘t letting anyone in anymore. They use their entire state capitalist machine to reject foreign companies completely. Global companies should forget about China and decouple.
You're literally making this up, though. As an example, China recently passed a fiscal reform to develop Hainan province making it easier for foreign companies to establish themselves there and, if they give a given percentage of added value, be able to export their product to the rest of provinces without import taxes.