That’s one reasonable answer.
There may be others.
For example, Red China is trying to break into the airliner business. Wrecking the good reputation of an established manufacturer certainly wouldn’t hurt them.
I've read that too. That strategy wouldn't work well in our domestic market. It might be more of an influence in the international market.
Even then, China would have to work very hard to develop a reputation beyond the one they have for cheaply made items like the ones you find at Harbor Freight.