Exports at all costs.

"President Joe Biden's trillion dollar effort to invigorate American manufacturing and speed a transition to cleaner energy sources is colliding with a surge of cheap exports from China, threatening to wipe out the investments and jobs that are central to Biden's economic agenda. Americans are not alone in their complaints about China's new tide of exports. European leaders have raised similar concerns." ET. In March, "US Treasury Secretary Janet Yellen slammed China's use of subsidies to give its manufacturers in key new industries a competitive advantage, at the cost of distorting the global economy, and said she plans to press China on the issue." ET. Yet, "China's exports contracted sharply in March while imports unexpectedly shrank, undershooting forecasts by big margins," as "Exports from China slumped 7.5% year-on-year last month by value." Reuters. And, "Production at US factories increased solidly in March," as "Manufacturing output rose 0.5% last month after an upwardly revised 1.2% rebound in the prior month, the Federal Reserve said." Reuters. Clearly, China is thwarting Biden's vision of Aatmanirbhar US. On the other hand, "Prime Minister Narendra Modi's vision for an Aatmanirbhar Bharat, or self-reliant India, resonates as a strategic imperative for the nation's prosperity and security." HT. "A sharp contraction in Chinese exports for March in dollar terms despite growth in volumes and data showing producer prices extending a year-and-a-half-long decline have tempered hopes that China is on its way to finding sustained post-pandemic growth." Reuters. Over capacity in factories is depressing prices which other countries cannot compete with. Adding to over-production in China, Chinese manufacturers are setting up factories in Mexico. "The reclining armchairs and plush leather sofas coming off the production line at Man Wah's Furniture factory in Monterrey are 100% 'Made in Mexico'." "But the company is from China, its Mexican manufacturing plant built with Chinese capital." BBC. "US President Joe Biden has called for a tripling of tariffs on some steel and aluminium from China." "As well as the tariffs, the White House said it would launch an investigation into unfair trade practices in the Chinese shipbuilding and logistics sectors." BBC. Youth unemployment is becoming a problem in China. Unable to find work as a photographer, Litsky Li, 21, "now spends her days grocery shopping for her family in the central city of Luoyang, and caring for her grandmother, who has dementia. Her parents pay her a salary of 6,000 yuan ($835) a month, which is considered a solid middle-class wage in her area." CNN. Xi Jinping must be feeling paranoid. "In a slick video marking the National Security Education Day, China's top spy agency has a stern message for Chinese people: foreign spies are everywhere." CNN. Not just manufacturing exports, China seeks to destroy the West by exporting drugs. "According to a report published by the US select committee on the Chinese Communist Party, the Chinese government provides subsidies to companies openly trafficking illicit synthetic drugs." BBC. If companies leave China, factories within the mainland will have to shut down. That can only increase unemployment. They cannot arrest the entire population. At some point the government will collapse. Great for India.