Both. It’s not unique to the US, even though that’s what I was talking about. And China is (meant isn’t) the only country with few regulations buying it up.
Across the globe countries do stuff like a small amount of electric buses because voters do care about climate change. However as they use less fossil fuels, they still produce the same or even more. They just ship them to countries with less regulations resulting in more pollution before even factoring in the carbon costs to transport it.
Because climate change is a global issue, it still hurts the original country along with everyone else.