Sam Goodman

Sam Goodman is the Senior Director of Policy for the China Strategic Risks Institute.

Friday

Sam Goodman

Britain should be wary of BYD, China’s EV powerhouse

From our UK edition

From Thailand to Brazil, a surge of imports from Chinese electric vehicle (EV) producer BYD has the familiar pattern of being followed by the destruction of domestic automotive jobs. The UK is unlikely to be the exception. This week’s news that Britain has become the number one market for BYD should ring alarm bells. Our domestic automotive producers, that have already announced thousands of job losses this year, are unlikely to emerge unharmed. BYD increased its sales in the UK by 880 per cent in September For two years, analysts and policymakers have warned of the economic risk Chinese EVs pose to the legacy automotive industry through a new wave of deindustrialisation and job losses.

Friday

Sam Goodman

Labour will regret bringing in electric car subsidies

From our UK edition

This week the British government introduced subsidies for electric vehicles (EVs). But as they have failed to first adopt sensible trade defence measures, this risks Chinese EVs flooding the UK, bringing job losses and data security risks in their wake. Rather than following the example of the US and the European Union, which have adopted tariffs against Chinese EVs to protect automotive jobs, the UK will roll out subsidies for EVs. Each vehicle that qualifies as having a low enough level of carbon emissions in its production will be granted a subsidy of either £1,500 or £3,750. Ministers have so far refused to publish a list of manufacturers who will be eligible, instead opting to retroactively share this information once they are approved.

Friday

Sam Goodman

Britain could pay a heavy price if it fails to crackdown on Chinese EVs

From our UK edition

The European Union has joined the United States and Canada in slapping tariffs on Chinese Electric Vehicles (EVs). It’s a rare moment of transatlantic unity – but where does it leave Britain? For now, the UK remains the awkward man in the room. It is the only G7 country not to have imposed tariffs on Chinese EVs (or, in the case of Japan, which already has arduous non-tariff barriers to deter foreign automotive companies from entering its markets.)  The European Commission has made it plain that they see Chinese EVs as an economic threat Many will rightly question the silence from Whitehall.

Tuesday

Sam Goodman

What would Trump’s return mean for relations with China?

From our UK edition

Over the past few days it has become clear that Donald Trump’s return to the US presidency has gone from being an outlier to an increasing likelihood. His landslide in the Iowa caucus yesterday only confirms this further. As the first term of Joe Biden’s presidency comes to a close, one of his achievements is no doubt the increased coordination amongst leading democracies when it comes to dealing with the challenge that China presents. Under Biden’s tenure the G7 has agreed to collectively fund an alternative to Beijing’s Belt and Road Initiative and work on de-risking their supply chains away from the country. Meanwhile, in the past year, the US and its partners have placed unprecedented restrictions on the export of semiconductor chips to China.