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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: elmatador1/7/2019 12:11:11 AM
   of 13800
 
China has been a subsidy to western companies. Look at Tesla today.

What is not economic to produce, western companies found China ready to produce at a lower prices.

Tesla was set Monday to hold the groundbreaking ceremony for its first non-U.S. factory in Shanghai, according to CEO Elon Musk.

“Looking forward to breaking ground on the Tesla Shanghai Gigafactory today!” Musk tweeted Monday morning Beijing time.

https://www.cnbc.com/2019/01/07/tesla-shanghai-factory-ground-breaking.html

The Chinese communist party used its low cost labor force to profit from the rural reserve army.
Now that model is exhausted and the Chinese communist party has to find new ways to grow.
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