本文发表于《China Watch》2024年（第4卷）第13期
A Scientific Look at the Issue of China's "Overcapacity"
Wang Yongzhong
Recently, some politicians and media outlets in the United States and the West have often been hyping the "China overcapacity theory." They unjustly accuse China of "dumping large quantities of solar panels, lithium batteries, and electric vehicles at unfair prices onto the global market, disrupting the global supply-demand balance, causing a spiral decline in the prices of new energy products, distorting global pricing mechanisms, and harming the sustainability of global manufacturing."
For China, these statements are essentially a rehash of old rhetoric. Over a decade ago, the United States was also complaining that overcapacity in China's steel and aluminum industries had impacted employment opportunities for American manufacturing workers. According to the usual modus operandi of Western nations, the “overcapacity theory” is, in fact, an excuse for implementing trade protectionist measures against Chinese new energy products.
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