Red China's "Competitive" Car Pricing

There are some who call themselves "Free Market" advocates.  They tell us that cheaper goods are good for the economy because that means buyers can spend their (savings) on other things.

Well, maybe.  Under the rubric that 'you get what you pay for,' it's also the case that cheaper goods have to be replaced more frequently.  So that purchase is really a time bomb.

Anyhow.

A Red Chinese car company wants to enter the US market.  How will they compete?

...Zotye is inching closer with plans to bring its first vehicle — the T600 compact crossover — to the U.S. by the end of 2020 or first quarter of 2021, Zotye USA announced last week....T600 pricing has not been announced, but Hale indicated the sticker price could be 20 percent lower than the target competition, which he described as similar vehicles from brands such as Volkswagen, Mazda, Mitsubishi, Kia, Hyundai and Nissan....

Twenty percent, eh?

Somewhere in there I hear "...keep your health plan and doctor...."  They may sell the damn thing for 20% off; all that means is that the Red Chinese government is stuffing a LOT of subsidy into the car.