Economic dumping is a specific scenario where one country tries to flood another country with cheap products in a way that usually has some government involvement subsidizing or incentivizing it. Countries are careful to hide these incentives or subsidies when possible because it's an invitation to trade wars. For China specifically, the state takes ownership positions in companies and has no problem forcing companies in the direction they want.
Gmail, and every other free service would like a word. Net tangential profit invalidates your point. They can loss lead LLM's forever if they are getting other economic benefit from the practice
When West does same, it is capitalism for the prosperity of everyone, healthy competition
In any case I find the dumping argument stupid: they are giving both the model weights away and publishing in the open their results and how they got there.