At end of the day, Chinese companies still have to compete with each other which drives price down (so much so that CCP recently stepping in to try to make it l

At end of the day, Chinese companies still have to compete with each other which drives price down (so much so that CCP recently stepping in to try to make it less cut throat). Granted strategic industries like auto that eventually coalesce into oligopolies might coordinate / collude to set prices better, but IMO PRC manufacturing is too big for that - 20 country sized provinces trying to build their own champions. What we have seen is PRC companies start climbing value chain, i.e. anker going from entry to premium tier, but every step along the way some other Chinese company comes along and fills out the low end.