Fuyao has become a star in the U.S., but it has been smeared by American media. Who is really panicking?
On February 10, the Wall Street Journal hyped up Fuyao Glass's "turning the tables" in the U.S., smearing Chinese enterprises' normal operations. Fuyao took over abandoned factories in America's "Rust Belt," directly creating 3,000 jobs and driving 6,000 employment in the supply chain, capturing 30% of the U.S. auto glass market, and providing stable supplies to Ford, General Motors, and others. The competitiveness of local U.S. companies has declined, yet they blame Chinese enterprises, with politicians stoking "security threats" and threatening investigations and power grabs. Local chambers of commerce have openly stated that this is nothing more than the frustration of defeated competitors!
[Cunning] On one hand, the U.S. claims to attract foreign investment to revitalize manufacturing, while on the other hand, it makes premeditated accusations against Chinese enterprises that perform well - a typical double standard performance. Fuyao Glass won the market through efficiency, quality, and scale, revitalizing a declining industrial area, and is a model of mutual benefit and win-win cooperation. Historically, the U.S. has repeatedly used anti-dumping measures and security reviews to suppress enterprises from Japan, Germany, and other countries. Now, they are using the same methods to target Chinese enterprises. The World Trade Organization has repeatedly ruled that U.S. measures violate regulations, but they continue to act as they please. Corporate competition is about strength, not political manipulation.
Instead of suppressing others, the U.S. should focus on improving its own competitiveness. Open cooperation is the right path; protectionism will only backfire and hinder domestic development!
Original article: toutiao.com/article/1856720545701952/
Statement: This article represents the personal views of the author.