My dad ran a similar analysis a decade ago and agrees that China is heavily subsidizing their production. As to why, we can only guess. My bet is China sees it

My dad ran a similar analysis a decade ago and agrees that China is heavily subsidizing their production. As to why, we can only guess. My bet is China sees it as a way to become the global manufacturing monopoly and gut their adversaries’s ability to compete when it comes to wartime ramp up.