Part 10/10:
The Chinese EV sector reflects an overarching pattern of systemic corporate fraud and government collusion that has historically led to economic bubbles and crashes. Whether it's real estate, tech, or EVs, the common thread remains: immense growth fueled by deception and off-balance-sheet practices.
As China continues to push for technological dominance, vigilance and transparency will be crucial. Otherwise, the industry risks becoming another chapter in China's long history of economic overreach—and a cautionary tale for the rest of the world.