China’s Auto Crisis EV Fraud, Mitsubishi’s Exit, and the Fall of Neta Motors

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Hello, this is China Deep Dive. We have all the information you need to know about China at present. Today's topic is:
What happens if all foreign car brands leave China? Many are calling for it—but few consider the consequences: higher prices, weaker quality, and a lack of real competition. Meanwhile, domestic EV maker Neta Motors paid its top execs over $11 million in 2023, despite massive financial losses and inflated sales numbers. In contrast, Toyota made 230 billion RMB in net profit—but paid its chairman far less. Add to that: Chinese oil giants sell gas cheaper in Kazakhstan than at home. Is this really patriotic economics—or just selective math? Watch and decide for yourself.


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