All you have to do is look at examples like steel, aluminum, solar panels—you name the sector. If the Chinese state decides that it wants to be a global, dominant player, they put all of the resources of the central government behind it. Then they use what is called “scale, dump, destroy”. They scale their industry domestically, dump excess product into markets that will take it, destroy that domestic industry and then you're totally dependent on China. We see it in sector after sector, and the government has just opened the door for this to occur in automotive.
