It depends, but in the case of China it’s producing Temu stuff (electronics that fail immediately, t-shirts that dissolve when washed, &c.) because they need to 1. Run other companies outside of China out of business, 2. Keep people employed even if what they produce is worth less than their labor and energy/materials input.
People seem to like Temu stuff and want to buy it.
> 1. Run other companies outside of China out of business
Why?
> 2. Keep people employed even if what they produce is worth less than their labor and energy/materials input.
Why don't they have them do something with positive utility, like sweeping streets or providing elder care, or a myriad of other jobs?