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Steven Rattner: US can’t “out-negotiate” China #shorts #china #politics #markets
Bloomberg Television· 2025-12-05 18:35
As China looks externally, what do they see as their opportunity market. >> Well, I think mostly the developed world. Obviously, their EVs are huge in Europe.The Europeans are trying to clamp down on it. But if you look at new car registrations in Europe, BYD is registering as many cars there as everybody else all put together because of the price. And it raises an interesting question for us, which is that, you know, I believe in the auto industry here, as you know, but we're effectively denying our consum ...