Right but it’s the specific use of the phrase “manipulating prices.”
Manipulating has a negative connotation, it’s a buzzword used often in capitalist propaganda. They’re not manipulating prices, they’re subsidizing the industry so that their people can reap the benefits of their taxes in a tangible way. The same way Americans subsidize farmers, and their EV industry. We just don’t subsidize it as much.
You are right
Flooding the market with impossibly cheap products that can’t be competed against isn’t a good thing when anyone does it.
They’re not impossibly cheap. They just require support from a larger group like a government subsidy instead of a single corporation’s influence.
If there’s nothing wrong with the quality of the product then they’re not doing anything wrong. They’re just challenging the rest of the world to reduce their prices and increase their quality to beat the competition.