*editors note; i’m not a tankie, i just know that china has invested insubsidized technology while the us has been bogged down in partisanship (look at solar)
FTFY. While the Chinese government has made major investments in technology, the problem is their excessive subsidies which are allowing Chinese manufacturers to artificially out-compete their competitors. As others have pointed out, it's the same as "Big-Tech Disruptors" who begin with unsustainable prices, and once all their competitors leave the market they raise their prices.