China is hardly alone in patent-trolling and government subsidized predatory pricing. The boogyman narrative is a bit of a red herring. Our patent system is broken. Our copyright system is broken. IP laws stifle innovation and are abused by public and private entities. China is just currently abusing fundamentally flawed systems better than everyone else.
Why did we make a well with a button on it that says "don't press; releases poison"?
The button spits out 1/10 of 1¢ every time it is pressed.
The man pressing the button has his own reservoir of clean water.