Germany’s ruling conservative and Social Democrat parliamentary groups called on Friday for stronger European protection against unfair competition along with specific measures to support automakers.
Parliamentary sources said the proposals were aimed primarily at Chinese overcapacity.
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Fucking late but better now than never. On reddit they’d argue hurr durr production is low skilled work. Meanwhile it’s all automated there and machinists here cant find jobs.Ok wow. Reading it its only about car industry. Germany urges EU to allow combustion again. And basically they want subsidiaries for cars but not the chinese ones. This is such a low.
Subsidies only for domestically built cars are okay imo. It’s also a very small measure compared to China’s protectionist policies. The country is essentially a closed shop.
It’s not enough, though, Germany and the EU must go a far tougher path in a lot more areas, including access to Chinese domestic markets, joint venture limitations in China, transparent supply chains, a Chinese legislation that respects human rights, and much more.
It’s capitalism. Both German export reliance and Chinese overcapacity stem from the fundamental capitalist crisis of overaccumulation and overproduction. If I had to pick a side, as a European, I would strongly hope the Chinese automakers beat the Germans.
To their credit, the Germans aren’t hiding what happens if they win: extended reliance on fossil fuels, protectionism, imperialist competition, etc
If I had to pick a side, as a European, I would strongly hope the Chinese automakers beat the Germans.
That says everything. Thanks.