You confuse yourself, most particularly the benevolent Dragon propaganda.
Lynas is predicated on sponsoring strong ROW supply chains, not furthering China's ambitions of dominance.
As to your BYD:
It's time to take the mask off and show the profits.
Odd news comes from China, where BYD managed to improve its financial results during the challenging first half of 2020 by... becoming the world’s biggest mask maker.
The company sold some 60,677 New Energy Vehicles during the period, which is down 58% year-over-year, while the gasoline car sales increased 19% year-over-year to 97,951.
As plug-in vehicle sales halved, we would normally expect BYD to be in deep trouble. However, the quick use of its industrial parks in Shenzhen to produce face masks allowed it to stay in relatively good shape.
By May, BYD expanded its face masks manufacturing capacity to 50 million a day! No details were provided, but it seems that it was quite a good business.
(20min delay)