From coffee to cars to real estate, there's a recurring pattern in China — companies rush into an industry, then resort to discounts to stay afloat.

• There's a pattern in China: companies rush into an industry, then resort to discounts to stay afloat.
• "On the surface you're dominating, but deep inside you're paying a high price to dominate," an economist said.
• The escalation of tariffs has made Chinese manufacturers more determined to build factories overseas, "potentially generating redundant supply in the coming years," Goldman Sachs said.