94
Ford CEO tells employees Chinese automakers could enter U.S. market in next decade
(www.reuters.com)
this post was submitted on 31 Jul 2026
94 points (98.0% liked)
Technology
86757 readers
2937 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Oh no! Here comes capitalism from a communist country. It's like we built infrastructure to exploit cheap labor for short term gains and it's backfiring! Who could have ever seen this coming?
China is just state influences capitalism, the workers don't own the means of production, but it turns out if you invest in your means of production you can easily beat those that don't.
Except China has advantages in supply chain integration and way cheaper labor that's kept artificially low by it's government playing games with it's currency exchange rate.
Translation: our workers are paid better, our companies follow relatively strict environmental law (or used to) and our government hasn't helped spy on other countries' technology advancements and given it to private industry to beat the other guys.
That's a pretty steep advantage to China.