Story thread · 2 reports / 2 sources

Washington is finally trying to shut the door on Chinese cars. Europe shows why.

theblaze.com · 2h · first reportShare

For years, Western automakers looked at China and saw the world's greatest growth opportunity. China looked back and saw something else: teachers. Semiconductor manufacturing offers the obvious lesson. The United States is now spending enormous sums trying to re-create domestic capacity that took decades to move overseas. American, German, and Japanese automakers wanted access to more than a billion potential customers. China frequently required foreign companies to work with local partners, manufacture inside the country, and share the knowledge that comes with doing so. The arrangement made enormous amounts of money for Western car companies. It also helped China learn, very quickly, how to compete with them. Now Chinese automakers are producing increasingly sophisticated vehicles at prices Western manufacturers struggle to match, and Europe is discovering what happens when those cars arrive in large numbers. Washington appears determined not to repeat the experiment. Saving our spot