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Explaining overcapacity, taking EVs as an example

Updated 20:26, 01-May-2024
06:09

The word "overcapacity" features in more and more news reports these days. Western politicians and officials are increasingly voicing worries that China is experiencing an excess in production capacity due to a rapid increase in manufacturing, which they fear could negatively impact their domestic industries. What exactly is overcapacity? CGTN explains.

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