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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope

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To: RealMuLan who wrote (12264)10/27/2017 9:20:30 AM
From: zzpat  Read Replies (1) of 12464
 
Most industrialized countries have come to the conclusion that gas-powered cars must end. This mean gas stations etc. we either go away or be replaced with battery exchange or battery recharging stations. The car companies that are not investing in electric cars will disappear and it'll happen very fast.

The second link says China is doing what California did when it forces car makers to have a % of cars that are electric. Cali is still the leader in technology but China is quickly moving in that direction. I also read that China is producing oligarchs who have the same sort of power and money that we see in Russia and the US. Their wealth has increased exponentially since 2011. It will be interesting to see what they do with it. As of now, they're buying homes, businesses etc. in other countries.
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