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Why We All Should Pay Careful Attention to China and Its Carmakers

I’ve lived most of my life in a country that loves to refer to itself as “the country of the future.” It has great potential to be way more than it is, but it never gets there. One of this country’s ambitions was to have its own automaker. All attempts to get there failed despite highly talented folks trying to make that work. After watching the Bloomberg video below about China, I finally understood why.
South Korea

CNN This Is Life With Lisa Ling October 17, 2021 02:49:00

And a chinese company called byd, short for build your dreams, bought an old motor home factor and revitalized it. today its the largest electric bus factory in network. >> hello. >> ceo stella lee a 22-year-old veteran of the company heads up the plant. >> we have five to six people. california is the pioneer state in the world to push greenish active and cost is low. everybody from production line, they can afford a house. lancaster is the place. they can achieve this dream. >> they brought in...
Motor Home Electric Bus Stella Lee A Pioneer State Production Line Work Force

CNN This Is Life With Lisa Ling October 17, 2021 02:53:00

Were not government agent. were private owned, public traded company. we are pure transparent company. no different like a ford, apple, amazon. >> despite byds attempts to prove to lawmakers theyre here to do good, the ban on bus sales will go into effect later this year. is it possible you might have to close down operations because of whats going on politically? >> thats my biggest concern. >> i want to see byd succeed because they have created so many opportunities for people, just like mysel...
Government Agent Ban On Bus Sales East Asian Vincent Chen Unemployed Americans

CNN This Is Life With Lisa Ling October 17, 2021 02:52:00

With. >> tell me about what its like to operate a chinese business in the united states during a time when tensions exist between our two governments. >> its a challenge, because i think u.s. china are competitors, were never enemy. two country fight for some political reason. but it should not impact businesses. >> now, chinese companies like byd are under the microscope. >> the committee will now come to order. >> last year in the name of national defense, congress prohibited who can purchase ...
Country Fight In The Name Of Infrastructure Network

CNN This Is Life With Lisa Ling October 17, 2021 02:54:00

Americans. >> hi. >> for me this inclusive byd model seems like the perfect antidote to generations of racism and hate. but we still have a long way to go. >> the things said to you are just vile. shut up you blank. every asian stay far away. hope your kids suffocated to death from the wuhan virus. >> hard to read, hurtful to read. ♪ ♪ your new pharmacy is here. and here. and here, too. its here to help you save time and money and trips to the pharmacy. its here to get you the medication you...
Long Way To Go East Asian

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