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- cross-posted to:
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China rushes to swap Western tech with domestic options as U.S. cracks down::China has stepped up spending to replace Western-made technology with domestic alternatives as Washington tightens curbs on high-tech exports to its rival, according to government tenders, research documents and four people familiar with the matter.
BYD actively sells electric busses in the US. There was never a sanction to stop BYD or NIO (to my knowledge).
https://www.reuters.com/article/us-wiki-buffett-byd/special-report-warren-buffetts-china-car-deal-could-backfire-idUSTRE72848X20110309
And oh… There’s that