Posted by on January 14, 2022 12:09 pm
Categories: Breaking News Epoch Times News

China ‘Will Use You, and Then Shove You Aside,’ Expert Warns Tesla as It Tries to Capture Chinese Market

Beijing’s national strategy of forced technology transfer means that Tesla will eventually be squeezed out of the Chinese market, just like the fate suffered by other Western companies in the past, said Robert Atkinson, president of Washington-based nonprofit Information Technology and Innovation Foundation (ITIF). “At the end of the day, the strategy for China is pretty clear. It’s that they will use you and then shove you aside,” Atkinson said during a recent interview with NTD, The Epoch Times’ sister media. “The Chinese strategy for Tesla, I believe is, hey, we’re going to get some benefits from Tesla. But ultimately, we want companies like Geely and the other Chinese EV [electric vehicle] makers to dominate, not just the Chinese market, but a lot of the world market,” he added. The Chinese regime is known for requiring foreign companies to enter joint ventures with Chinese companies, many of them backed by …

Originally appeared on The Epoch Times

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