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China grapples with overcapacity backlash, urges to revise industrial policy

China grapples with overcapacity backlash, urges to revise industrial policy

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Amid escalating tensions with the United States and Europe, China finds itself at the centre of a heated debate over industrial overcapacity. Government-linked economists are sounding the alarm urging a swift adjustment to China’s industrial policy to counter rising criticism and geopolitical pressures. …

Credit WION

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