The US and EU have specifically told china that they can't...

The US and EU have specifically told china that they can't go dumping their over capacity on western markets- this is the step change under Biden that has occurred . The critical minerals act and the IRA will need to be protected- evict massive tarriffs in Chinese importation, and as massive increase in demand from US and US affiliated countries. Xi is in a real pickle because whilst he has done a great job subsidising and building out the EV chain- he's about to have an industry decades in the making wiped out because they went two heavy on the subsidies and rep low on ESG