• alcoholicorn@lemmy.ml
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    1 month ago

    Cause they can 100% go all in on Chinese corporations if it means they get that cashola.

    What does this even mean? They can’t form an oligopoly with them, signalling to them to raise prices/cut production to collectively increase profits in the American market like American corporations do.

    And if you think Chinese companies aren’t in it for the money themselves

    I mean they are, but the big companies also have quotas they have to meet, defined in the 5 year plans, and the gov’t is more than willing to shake down the owners/executives if they’re too profitable or not productive enough.