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Bloomberg – Why China’s Lead on EVs Has Been a Long Time Coming

Summary:
A lot of Anti-China propaganda in this video, but it's interesting. China's approach, which is to have a lot of government involvement, has paid off well. When it comes to green manufacturing, China is now a clean-energy powerhouse. Its market dominance from solar panels to electric vehicles took long-term planning and a level of financial investment only state-controlled banking systems can deliver. By 2030, China will have an outsized influence on this strategic industry, and it’s poised to seize a fair share of the jobs and wealth creation that come with it.[embedded content]Bloomberg - Why China’s Lead on EVs Has Been a Long Time Coming

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 A lot of Anti-China propaganda in this video, but it's interesting. China's approach, which is to have a lot of government involvement, has paid off well. 


When it comes to green manufacturing, China is now a clean-energy powerhouse. Its market dominance from solar panels to electric vehicles took long-term planning and a level of financial investment only state-controlled banking systems can deliver. By 2030, China will have an outsized influence on this strategic industry, and it’s poised to seize a fair share of the jobs and wealth creation that come with it.




Bloomberg - Why China’s Lead on EVs Has Been a Long Time Coming

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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