- Jan 12, 2020
I will answer you quickly, from history, you know a rising power has to break through stablished powers, the outcome is that power is supressed or becomes dominant.During the Ukraine war, lots of key manufactures running out of EU to China and US.
According to the latest data from MOFCOM, EU investments in China grew by a staggering 92.2 percent year-on-year in 2022. Investments from Germany grew 52.9 percent year-on-year.
.European investment in China grew in 2022 for the first time in 4 years. With zero-COVID gone, will this continue in 2023?www.china-briefing.com
France pushed this investigation because they had lillte share in EV, and most brands from Germany opposited it, they sold 6 million cars in China every year.
If they loss local automobile market, they almost nothing left. But of course, some low end brand like SEAT need to be eliminated anyway.
Volkswagen Group to 'find new role for Seat' after confirming brand will stop making cars and be replaced by Cupra – Car Dealer MagazineSeat is to stop making cars and will be fully replaced by Cupra over the coming years as part of a major change of strategy for Volkswagen Group. The newscardealermagazine.co.uk
The trend is good for EVs from US, China, Germany.
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Russia is a declining power, China a rising power, the USA-EU axis is the dominant power call it NATO.
Will China become dominant?
Answer not, simple answer, China nor Russia will defeat NATO.
Why? simple like Nazi Germany and the Soviet Union, China is not friend of Russia or India.
The rest is up to you.