Do not flame a nationalist thing just being very pragmatic here from what i read / watched from a few documentaties. Just paraphrasing what I saw on the netflix series where one of the furniture manufacturer candidly asks a Chinese factory how they are breaking even at the prices that are being sold. The exporter chuckles and says , this is an investment to bleed the local furniture manufacturer (effectively get more demand and forcing other competitors to close , akin to customer acquisition burning VC money ) and become a monopoly in a sense. This is very evident in PPE equipment , masks and on the rare earths supply chain.