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China enjoys supremacy at the top of almost all the key supply chains, in raw materials sourcing, inbound logistics, refining and processing, and manufacturing. How can foreign companies compete? By realizing that Chinese industry is equally dependent on us. We provide the consumer markets, branding, delivery, merchandising and showrooms, customer service, warranties, customer finance, and maintenance and repair. Through the life cycles of entire product lines, it is our companies who enjoy most of the profits. Volkswagen, in a series of bold moves that rejected their own national government's advice to de-risk from China, doubled down instead. By doing so, VW will remain dominant in markets both inside and outside China, while ironically benefitting their rank-and-file labor in the EU. Thumbnail graphic, new car prices in US https://www.visualcapitalist.com/grow... Asia Times, Volkswagen going fully native in China https://asiatimes.com/2024/01/volkswa... NYT, Volkswagen hires 3000 engineers in China https://www.nytimes.com/2023/12/12/bu... Electrek, BYD offers new cars under 20k https://electrek.co/2023/09/15/byds-y... Caredge, new car price trends in 2024 https://caredge.com/guides/new-car-pr... MIT Technology Review: How battery swapping can improve EV adoption https://www.technologyreview.com/2023... Who owns Volkswagen? Largest shareholders of VW https://www.kamilfranek.com/who-owns-... Qatar launches RMB trading hub https://www.reuters.com/article/idUSL... China, Qatar sign 27-year LNG deal https://www.cnn.com/2022/11/21/energy... Reuters, China's monopoly on graphite battery technology https://www.reuters.com/world/china/c... China enjoys monopolies on graphite, lithiuim https://www.greencarcongress.com/2022...