Really? If China were truly the grand victor in this game—if they had a money printer that had just been cranked to eleven—do you think they’d be parading it around for all to see? Hardly. They’d keep their heads down, if only to keep Trump from dreaming up fresh excuses to slap them with tariffs.
China Daily isn’t exactly a cathedral of truth; it’s more like the official loudspeaker of Beijing. They broadcast whatever propaganda the Party thinks serves its purposes. So when they trumpet EV sales figures, I file them right next to China’s “official” GDP growth rates: conjured from thin air.
The EV mania has already peaked, and sales are sliding as government largesse dries up worldwide. Without the constant drip-feed of subsidies, companies will either refocus on what the market actually needs—or they’ll die.The market is merciless. It cleans itself.
https://www.chinadaily.com.cn/a/202508/09/WS68969bd7a310724b60020be9.html