So China has well-timed their Ford moment. They’re intentionally creating a “middle” class and subsidizing these vehicles. They’re creating domestic demand for goods and they’re gonna use those subsidies as chess pieces, too. I’ve already read this news story in the history books.
So China has well-timed their Ford moment. They’re intentionally creating a “middle” class and subsidizing these vehicles. They’re creating domestic demand for goods and they’re gonna use those subsidies as chess pieces, too. I’ve already read this news story in the history books.