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Technology Stocks : Alibaba Group Holding Limited
BABA 177.62+1.8%Dec 8 8:04 PM ESTNews

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To: JakeStraw who wrote (539)12/7/2017 12:11:49 PM
From: zzpat   of 542
 
As you may know, China taxes companies that don't have EVs and gives the money to those that do. Ford needs to produce electric cars in China or accept rising taxes and falling profits. How are they responding? They announced they're going to build EVs in China. It's an interesting way to force companies to move in the direction the government wants. Prior to this tax, China paid subsidies to EV producers.
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