ZERO government subsidies.
Here is how they destroy business:
1) company A invests time, money, sweat, and everything else to make a successful company.
2) company B comes along and decides to make a similar product.
3) Company B begs a Politician for ‘subsidies’ to help start the new business.
4) Politician crows about what a wonderful guy he is for helping company B ‘create jobs’
5) Company B makes the product cheaper because he does not have to pay taxes or pay back loans.
6) Company A goes out of business.
7) Company B buys his assets at liquidation prices and
8) Company B asks politician to give him more subsidies to hire company A’s unemployed.
9) Politician crows about how he ‘saved jobs’ for closed company A.
10) Now that there is no competition Company B raises prices to Company A’s level and makes a fortune.
11) Company B donates to the politicians’ campaign so the politician makes a fortune.
This is how a politician colludes with a shady businessman to take over a successful new business.
In your example Company B is a Chinese subsidized company.