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But will they? How greatly are they leveraged? Even if the economics don't work out anymore, they'll be able to sell capacity, pivot, etc. without causing an implosion.


> But will they?

Yes.

> pivot

Unless they pivot to literally turning shit into gold, it's going to be a hard no.

Realistically, they'll be bailed out by the government. That's what will happen. Because China can't win.




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