Of the 25 million vehicles sold in China last year, 24.2 million β a staggering 97% β were manufactured inside the country. Imports were a mere rounding error.
Read more here: newsletter.dunneinsights.com/p/china-the-...
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"To succeed in life, you need two things: ignorance and confidence." - Mark Twain Investor and advisor on Cars: Electric & Autonomous. Speaking Thai, Chinese, Indonesian, French. Some English.
Of the 25 million vehicles sold in China last year, 24.2 million β a staggering 97% β were manufactured inside the country. Imports were a mere rounding error.
Read more here: newsletter.dunneinsights.com/p/china-the-...
China embraces tariffs in a big way, too. And Chinaβs love affair with tariffs β quiet, almost clandestine β has been going on for decades.
Chinaβs car market offers a dramatic illustration of what tariffs can do.
Hello Blue Sky Universe.
An excerpt from this week's Dunne Insights Newsletter. China: The Forever King of Tariffs
"It is no secret that President Donald Trump loves tariffs.
βIβm the Tariff Man,β he declares, with zero trace of inhibition.
What is less well known is that