The irony is that China cities have horrible air quality. Check this live reading https://www.iqair.com/world-air-quality-ranking, top 3 worst polluted right now, 2 out of 3 is in China.

Artificial economy to boost EV. There's just so much subsidies involved too, BYD took billions last year alone. Almost every industry in China is so heavily subsidized, their local MRT for example got 100 billion yuan in subsidies in 2024 alone. As an investor really don't know who will implode first, US under trump or the sky high debt of pretty much every industry piling in China. Housing industry, few hundred billion USD debt. HSR company, 1 trillion USD debt. Scary man.