What is Chinese overcapacity?

Why are the U.S. and Europe so worried about it?

In this episode, we are going to learn more about the buzzword "overcapacity," another new but classic Western narrative about China.

U.S. Treasury Secretary Janet Yellen said last Tuesday during the International Monetary Fund (IMF) spring meetings that the IMF is not sufficiently focused on the problem of "Chinese overcapacity," arguing that China's subsidies of its green energy sectors were creating an uneven playing field.

To understand this new rhetoric, I did some research.

Welcome to China Chance, I'm your host Nada, a journalist based in Beijing. I invite you to delve into hot topics about the world's second-biggest economy. Here, you'll find all you need to know.

The dismissive view of China already peaking as an economic power actually "underestimates the resilience of its economy" and the fact is that the country "is still rising," the U.S. Foreign Affairs Magazine said in an article published in early April.

Also data newly released showed that Chinese economy sustains recovery momentum, makes notable progress in Q1 of 2024.

China has peaked or it is still rising?

That is what we’re going to discuss in this episode.

In this podcast we will delve into global discussions on China, and hopefully the show will offer insightful observations on the vast opportunities within its expansive economy.

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