• gian @lemmy.grys.it
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    7 hours ago

    There is state involved ownership (from factory building) in Steel, but they make money at market prices.

    They make money because they can write off 30% of the cost of the car being paid from someone else, in one form or another.

    • humanspiral@lemmy.ca
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      7 hours ago

      Chinese car factories DO NOT get a special discount on steel. You can’t just keep repeating that without source that is not also just baseless repeating of same lie.

      • gian @lemmy.grys.it
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        6 hours ago

        My source is “Il sole 24 ore”, a respected finalcial newspaper in Italy.

        But I am not saying the Chinese car factory get a special discount on steel. What I am saying, based on the investigation from the newspaper I cited, is that CCP pay 20 to 30 % of the total cost to build a car.

        Now your sources.