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Comment on China’s plastics boom set to create another source of trade tensions as the country's petrochemicals sector keeps expanding despite weaker demand

Asterix78@lemmy.world ⁨6⁩ ⁨months⁩ ago

So they are going to sell cheap resin and hope other resin factories shutdown in higher wage countries so that everyone meeds to get resin from china like how they did with batteries/resources

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jamyang@lemmy.world ⁨5⁩ ⁨months⁩ ago
They did that with mobiles too, released extremely cheap smartphones at first, then after cornering the market, jacked up their prices. Now, the entire industry runs from China.

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- Asterix78@lemmy.world ⁨5⁩ ⁨months⁩ ago
  They will keep doing that with a lot of stuff. Look at electric cars for example sell them cheap in other markets to get marked share and force other company’s out.
  
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