got bad news for you average is not very good , so lets take car manufacturing for example , the Chinese already produce lots of European cars take the Benz the S class is one of only few models produced in Germany now we come to the French cars its national industry PSA Citroen Peugeot , well PSA is actually 51% owned by the Chinese and they make lotsa of stuff for luxury cars which in reality are world based cars including Citroen from all over the world, as for the reason the Chinese are pursuing EVs its really about pollution as it is for so many countries gas guzzlers smopg the cities thats why if you have ever met Chinese who have just arrived in Australia they will tell you they can see the sun, stars and the sky is blue.
I must say its amusing to read stuff written bywell to coin aphrase or twoo from the GFC, There are those that know and there are those that think theyu know , there are those who deal with known known and those that deal unknowns unknowns the tradgedy being you have to know the knowns to surmise the unknowns and I am afraid the Chinese are very good now at producing to specification they learnt faster than the Japanese , the Koreans got off to a pretty good start and rapidly refined but the Chinese who have more Scientists than any other country and probably more engineers that still reside and work there I fell your argument is flawed as the Chinese will be part of the European supply chain, beyond that all I can see is postulated unknowns in addition to the unknowns knowns in your entire post, PLS will probably get moving now a board position and vested interest
R WA TA NA SIAM repeaty quickly and you will see a different possibility
PLS Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
(20min delay)