Reported 7 months ago
Huang Jianqun, Director of the China Division of the Industrial Association and part-time Assistant Professor at a university, explores the topic of China's industrial overcapacity amidst discussions of imposing temporary tariffs, emphasizing that the issue is not as simple as it appears. While Western countries view China's capacity as a threat, China argues that it is a baseless accusation and highlights how market dynamics determine supply and demand. The article delves into the complexities of global trade, China's position in the global supply chain, and the differing perspectives between China and Western nations, indicating the potential fragmentation and conflicts in global trade in the future.
Source: YAHOO