Overcapacity

New Business

Jeffrey Sachs rejects US claims of Chinese overcapacity: ‘absolutely wrong’

A prominent American economist has dismissed claims China is deliberately cultivating industrial overcapacity as “absolutely wrong”, asserting the world needs…

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New Business

EU moves to curb steel imports to protect military industrial base from China overcapacity

As Europe scrambles to rearm its militaries, Brussels has trained its crosshairs on a long-standing trade problem that it now…

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New Business

Tesla’s February sales slump in China as buyers turn to domestic rivals BYD, Xiaomi, Xpeng

Tesla continued to lose market share on the mainland to its Chinese rivals in February, as sales plunged more than…

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‘Good start’: China bids to reset ties with Japan amid Trump tariff storm

Beijing and Tokyo have made a “good start” to resetting their economic relationship with a string of high-level meetings in…

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Clean energy: China to allow solar, wind power prices to be set by market forces

The price of electricity produced from renewable energy in mainland China will be set by market forces rather than fixed…

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New Business

Tesla, Xpeng reignite China EV price war with insurance and loan subsidies

Tesla is offering a fresh round of subsidies in mainland China, firing the first salvo in the Year of the…

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New Business

Shares of solar-panel maker Longi tumble as price war, glut stoke losses

Shares of Longi Green Energy Technology fell by the most in a week after the Chinese solar-panel components producer warned…

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New Business

Trump ascendancy casts cloud over Chinese solar firms’ US ambitions

Hours before American voters began casting ballots in the November 5 election that gave Donald Trump a second term as…

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New Business

Storm brewing in China’s solar-panel sector threatens to spiral out of control

Within days of a nascent Opec-style agreement by Chinese solar photovoltaic (PV) manufacturers to end a bruising price war and…

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New Business

China hit record trade barriers in 2024 as overcapacity fears spread to developing world

Even as its massive export machine kept churning out goods in 2024, China slammed into a record number of trade…

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