China

En las últimas dos décadas, la producción de automóviles en el mundo ha cambiado gracias a la mayor participación del continente asiático y al desplazamiento radical de Estados Unidos y la Unión Europea como principales productores. En el año 2000, Estados Unidos y Europa representaban el 68,7% del total de la producción mundial de automóviles, pero en 2022 esta cifra se habrá reducido al 39,96%. Por su parte, Asia-Oceanía ha pasado del 30,75% al 58,84%. ¿Qué incentivos específicos ha ofrecido el Gobierno chino para fomentar la producción y venta de automóviles?

China is the world's second-largest economy, with plans to take first place for the next decade and thus put an end to U.S. hegemony. However, the consequences of climate change seem to threaten the rapid Chinese growth, which had already been slowing down since 2019, with the longest drought in 60 years. A third of the Asian giant's territory suffers from high temperatures and lack of rainfall, affecting China's economic dynamism.

For decades, the mainstream of both the Democratic and Republican parties favored expanding trade between the U.S. and other countries. Greater globalization, these politicians promised, would increase economic growth — and with the bounty from that growth, the country could compensate any workers who suffered from increased trade. But it didn’t work out that way.

Instead, trade has contributed to the stagnation of living standards for millions of working-class Americans, by shrinking the number of good-paying, blue-collar jobs here. The incomes of workers without a bachelor’s degree have grown only slowly over the past few decades. Many measures of well-being — even life expectancy — have declined in recent years.

All along, many politicians and experts continued to insist that trade was expanding the economic pie. And they were often right. But struggling workers understandably viewed those claims as either false or irrelevant, and they refused to support further expansions of trade.