A friend of mine, an accomplished reader, urged me to subscribe to this book because a chapter in it proves my theory to be 100% correct.
It is the following book, a dialogue between Masahiro Miyazaki and Shi Ping, the best Chinese watchers in the world.
It is a must-read not only for the Japanese people but also for people all over the world.
Every citizen who can read the book must subscribe to it at the nearest bookstore.
I will tell the world, especially the West, as much as I can.
p146-p154
Chapter 4: The “China the only winner’s decarbonization” trap, scarier than Corona
Preamble omitted
China’s Big Fraud Business, the Electric Vehicle (E.V.) Trap
The following is a continuation of the previous chapter.
Major restructuring in the steel industry is caused by “good-natured Japanese.”
Shi Ping.　
No, Japan is already on board.
Reducing carbon is like shutting down a steel mill in the extreme.
Miyazaki　
It is already happening.
Nippon Steel Corporation, the largest steel manufacturer in Japan, has already shut down four blast furnaces in Kure, Yahata, and other areas and has announced that it will shut down a fifth (in Kashima).
If one blast furnace is shut down, about 8,000 people will lose their jobs.
Of course, as the top company in Japan, they have a responsibility, so they will probably deal with the situation by reassigning the workers or transferring them to subsidiaries for the time being, rather than letting them lose their jobs.
However, there is no doubt that the negative cost of rationalization will increase.　
Why did it come to this?
One, because we lost the competition with China.
The second reason is that Japanese sycophants taught China the advanced technology of special steel sheets and high-tensile steel sheets for automobiles for free.
Having been taught, China increased its export competitiveness with subsidies.
And Toyota Motor Corporation started using steel sheets for automobiles produced in China.
In this way, Japanese steel manufacturers are bound to lose.
Transferring technology to China was a suicide mission for Japanese steel manufacturers.
Is that enough?　
Blast furnaces use coke, which is made from coal, and thus emits a large amount of carbon dioxide (CO2). 
Stopping the blast furnace is a quick way to reduce CO2 emissions. It also reduces costs.　
Also, the smoke rising from the chimneys of thermal power plants has become a target for those concerned about climate change.
Thermal power has become a scourge.　
So, what about China? China’s Xi Jinping has promised to achieve “zero-carbon” by 2060, a decade later than Japan and the U.S.
But China has never kept its international commitments.
When China joined the WTO in 2003, it asked to be treated as a developing country only for 15 years, and the U.S. agreed, and China received special treatment.
That 15 year is long gone, but China still insists on being a developing country.
Even today, China is still enjoying the privileges of the WTO.
Shi Ping　
What exactly is the special treatment?
Miyazaki.　
The WTO regulates government subsidies to corporations.
However, China is still claiming to be a developing country and is not complying with these rules.
For example, there is the shipbuilding industry.
In the early 2000s, China’s shipbuilding industry was small, with less than a 10% share of the world market, but the government’s economic policy was to increase the production capacity of shipbuilding.
To achieve this goal, the Chinese government provided large subsidies to shipbuilding companies. As a result, Chinese shipbuilders’ share of the world market has jumped to 40%.　
With overwhelmingly low prices backed by subsidies, Chinese shipbuilding companies have succeeded in increasing their international competitiveness. It is a significant factor behind the increase in market share.
It is said that one-quarter of China’s shipbuilding expansion is the effect of the creation of new markets, and three-quarters are the result of taking needs from Japan and South Korea.
Moreover, these subsidies were socially unprofitable and did not generate profits over investment (Nihon Keizai Shimbun, February 17, 2021. Reading China’s Industrial Policy, supra. Professor Mariko Watanabe of Gakushuin University).
They are doing these unfair things with impunity.
So, even if China says it will have zero carbon emissions by 2060, there is no way it will comply.　
China is spewing PM2.5 all over the place, and the world is ignoring it.
I think the whole world is out of their minds.
The market capitalization of Tesla, a company whose future is uncertain, is once four times that of Toyota.
Toyota produces 10 million cars a year, while Tesla produces less than 500,000 a year.
Moreover, the Chinese Communist Party and civil servants are not allowed to drive Teslas.
The reason seems to be that the camera in Tesla leaked information to the United States after a battery accident.
It may mean that only E.V.s produced in China will be allowed.
This article continues.