China's electric vehicle sales soar as U.S. expresses economic concerns
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EV sales in China rose 36% in 2023 to 7.7 million vehicles, far surpassing the 1.5 million EVs sold in the US market in 2023. China now accounts for 1/3 of passenger vehicles sold domestically.
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Chinese EVs are higher quality and more affordable than American models, allowing them to dominate global markets.
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Biden has labeled Chinese smart cars a national security threat, but China already has extensive access to Americans' data through smartphones and laptops.
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Biden's language suggests he is using security fears to justify protecting inferior US auto manufacturers from global competition.
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If the West pulls back from global trade to prop up struggling industries, it risks falling irrevocably behind China in developing innovative new technologies.