Chinese "manipulate" their market, but there's absolutely nothing anyone can do about it

You kinda gotta hand it to the Chinese. Rather than impose even more prohibitive tariffs (which is what Trump did), they have announced emissions requirements for new cars to be sold in China that essentially prevent any but full battery-electric-drive cars from being sold. Guess what? The Japanese makers, who formerly depended on the Chinese market, have no competitive vehicles to sell there, and won't for some time, if ever. Ford and GM have a small number, and so will lose most of this market. Mercedes will do halfway OK, but all other European makers are screwed. Since China has 18 different EV manufacturers, including the second largest (BYD), only Tesla, which manufactures many of its cars there, among foreign manufacturers, will be competitive in the Chinese market, starting next year. This is hugely disruptive, although in the case of the Japanese, they've pretty much lost this huge market already.