In response to a Chinese car company possibly encroaching on American firms, someone said:
"The problem is that the US has to make something. Chinese model subsidizes Chinese auto industry and other manufacturing beyond the scope of what western countries do (and we absolutely subsidize them). To hit the Chinese price point would require paying below subsistence wages and obtaining inputs at a price that can match what is essentially a vertically integrated Chinese supply chain. It won't happen. So yeah, Chinese autos would destroy US auto production regardless what management or design choices."
Something doesn't seem completely right about this. They are basically saying that the CCP subsidizes a major percentage of every car? Is that true or possible?