Views : 130,546
Genre: News & Politics
Date of upload: Apr 24, 2024 ^^
Rating : 4.416 (183/1,070 LTDR)
RYD date created : 2024-05-02T09:54:16.20824Z
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Top Comments of this video!! :3
There's no such thing as "overcapacity", countries produce as much as other countries are willing to pay for. If you produce more than you can sell then you make a loss. If China was over-producing without sufficient buyers they'd be running a net loss. So China produces more because countries are buying more, if countries buy less then china will produce less to avoid running losses. The US just can't keep with Chinese manufacturing because it exported it's manufacturing base decades ago, so now they come up with ridiculous terms like "over-capacity".
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@kenho-wr5ul2rh7m
1 week ago
what do German think if US tells them to sell Mercedes or BMW companies to American or these companies cant do business in US?
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