For more:
With China’s automobile production and sales exceeding 30 million for the first time in 2023 and China-made electric vehicles making formidable headway abroad, Washington has reacted with a new round of tariffs against Chinese imports in the new energy sector and the green technology industry. Is the so-called “China’s overcapacity“ really flooding global markets? How do you disentangle facts from myths? In this edition of The Hub, Wang Guan talks to Liu Baocheng, dean of the Center for International Business Ethics at the University of International Business and Economics, and to Li Cheng, director of the Centre on Contemporary China and the World at the University of Hong Kong, to discuss the “China overcapacity“ myth and takes a closer look at China’s shift toward new quality productive forces. This transition will be “painful but hopeful,“ says Liu, as traditional industries bear the brunt of China’s evolving economic structure. He notes that governments worldwide, including the U.S., generally play a role in “jump-starting“ new growth drivers and emerging industries through subsidies and other incentives. So is the U.S. employing double standards on subsidies regarding China for political reasons? China’s leadership in green tech and new energy products has been market-driven, Li reckons, and he says that the success of Tesla’s China factory is concrete proof of China’s potential and efficiency.
Subscribe to us on YouTube:
Download our APP on Apple Store (iOS):
Download our APP on Google Play (Android):
1 view
24
8
6 months ago 00:17:50 1
Spirits from the War ENTER and tell me WHAT IS TO COME. NEW PRO ITC APP 1ST TEST. Watch this one.
6 months ago 00:09:42 1
SPIRIT SESSION DURING ECLIPSE, FULL TOTALITY with the Transcend Spirit Link APP!
6 months ago 01:41:08 1
Electronic Music for Focus and Productivity
6 months ago 00:02:15 1
Nikon P900 debunks flat earth again - Mirrored. Updated information in comments - please read.