Chinese overcapacity claims are 'trade protectionism', commerce ministry says


Reuters | Beijing | Updated: 16-05-2024 13:00 IST | Created: 16-05-2024 13:00 IST
Chinese overcapacity claims are 'trade protectionism', commerce ministry says
  • Country:
  • China

Claims about China overcapacity are "naked trade protectionism," He Yadong, a commerce ministry spokesperson, said on Thursday.

The countries concerned are worried about their competitiveness and market share, He said, and they can't label a country as having excess capacity just because it has more capacity than demand.

Overcapacity is not a product, it is an anxiety, He added.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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