>China, meanwhile, has become a global powerhouse in electric cars: It’s expected to account for about 60% of the world’s 14.1 million new passenger EV sales this year, according to BloombergNEF.
This is bull**. Why? Because in China it has became extremely profitable to manufacture the shittiest EVs possible and send them to ev graveyard fields immediately after manufacture (even the usual China cheerleader Bloomberg has to admit it: https://www.bloomberg.com/features/2023-china-ev-graveyards/ ) to claim China is "going green". All while approving 2 new coal fired power plant every week and laughing at us in the West as we go further to deindustrialise our countries, becoming reliant on China for basic materials such as steel(not even mentioning rare earth metals and how they mine/process them).
These articles are pure 100% pro-Chinese propaganda. See another example of a company cheerleading for the authoritarian regime Blackrock. They wrote articles just last year trying to convince people to "invest in China". Was this just incompetence? No it wasn't. https://www.google.com/amp/s/amp.cnn.com/cnn/2023/08/01/inve... Not only they lost a shit-ton of money. They were "investing" in companies using force labour and funding companies making stuff for the Chinese army. However, what is most important is that this came to the attention of the US congress when Blackrock started loosing money. When they were profitable no one would care... Bloomberg tries to portray themselves as objective, but their content shows where they really are on China.
This is bull**. Why? Because in China it has became extremely profitable to manufacture the shittiest EVs possible and send them to ev graveyard fields immediately after manufacture (even the usual China cheerleader Bloomberg has to admit it: https://www.bloomberg.com/features/2023-china-ev-graveyards/ ) to claim China is "going green". All while approving 2 new coal fired power plant every week and laughing at us in the West as we go further to deindustrialise our countries, becoming reliant on China for basic materials such as steel(not even mentioning rare earth metals and how they mine/process them).
These articles are pure 100% pro-Chinese propaganda. See another example of a company cheerleading for the authoritarian regime Blackrock. They wrote articles just last year trying to convince people to "invest in China". Was this just incompetence? No it wasn't. https://www.google.com/amp/s/amp.cnn.com/cnn/2023/08/01/inve... Not only they lost a shit-ton of money. They were "investing" in companies using force labour and funding companies making stuff for the Chinese army. However, what is most important is that this came to the attention of the US congress when Blackrock started loosing money. When they were profitable no one would care... Bloomberg tries to portray themselves as objective, but their content shows where they really are on China.