One issue that I have a problem with is the assumption that China is deliberately cutting the price of REs to drive competitors out of the market. That idea is credible, if and only if the end game is only to have the cheapest REs in the world. But if the plan is to raise the living standard of Chinese population, how can working harder for less return sit with that? Also, if your plan is to re-energize the economy by “high quality development”, why would you waste your time trying to send competitors broke? Best focus on your end goal, not revenge. It remains to be seen if Xi has his priorities right.
One issue that I have a problem with is the assumption that...
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