Seems to be working well for China. They do all the “undesirables” that we can’t possibly have in our country. Primarily to push products we can’t live without.

They are getting wealthy off absorbing those externalities that come from production of consumer goods while we watch “Oww! My balls!” and drink Brawndo!

So are they (China) shortsighted? Or are they slowly winning in global influence?

You need to remember one is investing heavily in clean energy and expanding its capacity rapidly and the other one is not.