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.