batteries, electric cars, government subsidies
By 2040, almost 50 percent of cars on the road are projected to be electric. At present, China controls the global market in electric vehicles by monopolizing the manufacture and supply of batteries. Battery dominance in electric vehicles “In early 2019, there were 316 gigawatt-hours (GWh) of global lithium cell manufacturing capacity. China is home ...
The Chinese government places some strict regulations on foreign firms operating in the country. Last year, the administration passed a new set of laws that further breached the rights of foreign companies by allowing law enforcement agencies to snoop on their networks and even censor them, if required. Inspecting networks In November 2018, the Chinese ...
China has rejected the conclusions of a recent report by the U.S. Trade Representative’s (USTR) office that labeled the attempt to negotiate new WTO rules to rein in China’s “mercantile” trade policies as futile. Instead, the USTR stated that it would be better to pursue a unilateral approach to protect American farmers, businesses, and workers ...