Future automotive joint ventures (JVs) in China will cease following the complet... | Hacker News

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		wenyuanyu on March 7, 2024 \| parent \| context \| favorite \| on: BYD launches cheaper Seagull EV with $9,700 starti... Future automotive joint ventures (JVs) in China will cease following the completion of existing contract term. China is lifting all foreign investment restrictions in all its manufacturing sector this year[0][1]. [0] https://www.jdsupra.com/legalnews/china-to-remove-all-restri... [1] https://www.scmp.com/economy/china-economy/article/3254259/c...

seanmcdirmid on March 7, 2024 [–]

Not sure why you were downvoted, but that's great. The JV structure no longer benefits china, However, China should still expect blowback from having their economy protected for so long.

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