Also since when were containers more “bloated” than emulation? The whole point of containers is that they don’t need to virtualise the entire stack because they are reusing parts of the host stack.
Of course there is no hardware emulation, so all Windows binary code is running natively with no performance drop. That's why it was called WINE. But still there are two meanings of the word. Hardware emulation or OS emulation at API level.
Also since when were containers more “bloated” than emulation? The whole point of containers is that they don’t need to virtualise the entire stack because they are reusing parts of the host stack.