Hachi was right. 68% confidence
China's U.S. Inroads: A Price War
News indicates a Chinese company, BYD, is aggressively expanding in Malaysia with local assembly plans, prompting the government to impose a 'floor price' on its offerings. While not in the U.S. market, this demonstrates the predicted dynamic of Chinese companies penetrating foreign markets with budget-friendly options and causing concerns about price disruption.
What would prove this wrong
Chinese firms retreat from aggressive U.S. pricing, or if incumbent U.S. companies hold or grow market share and margins without cutting costs.