The West is freaking out that China is making too much stuff, and it looks like China might be starting to agree
Employees work on a production line manufacturing lithium battery products at a factory in Yichang, Hubei province, China.
Reuters/Stringer
- China published draft regulations for the battery industry and it wants to curb overproduction.
- That appears to be at odds with China's official stance that there's no industrial overproduction in the country.
- The West has been complaining about China's overcapacity, but analysts say it doesn't apply to all sectors.
The...
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