Washington's "overcapacity" charges misleading
8 months, 1 week ago

Washington's "overcapacity" charges misleading

China Daily  

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY A top priority of US Treasury Secretary Janet Yellen during her just-concluded second China trip was to raise Washington's concerns to Beijing over the so-called "overcapacity" in China's flourishing green industries. Prior to her visit, "Chinese overproduction" accusations coming out of Washington have flooded mainstream Western media, claiming that China could overwhelm world markets with cheap exports of solar panels and electric vehicles. The "overcapacity" charges also reveal Washington's double standard on practicing the principles advocating market economy, free trade and the global division of labor, which the United States has claimed to embrace for centuries: Whenever US industries are in an advantageous position, Washington champions the omnipotence of the market and free global trade; but when American companies face serious competition, the United States looks the other way, and puts up a protectionist shield. In fact, contrary to an "overcapacity problem," the clean energy sector is struggling to meet global demand amidst urgent climate change concerns and widespread efforts towards energy transition.

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History of this topic

China's Green Industry: A Beacon of Hope for the World
2 months ago

China's Green Industry: A Beacon of Hope for the World

China Daily  

China's bid to help green transition is a positive step for the world, despite the challenges posed by geopolitical tensions. The country's green industry has achieved significant success in recent years, and its continued commitment to green transition will have a positive impact on the global fight against climate change.

China's Green Industry: A Beacon of Hope for the Global Climate Fight
2 months ago

China's Green Industry: A Beacon of Hope for the Global Climate Fight

China Daily  

China's bid to help green transition is a positive step for the world. Despite the challenges posed by geopolitical tensions, the country's green industry has achieved significant success in recent years, and its continued commitment to green transition will have a positive impact on the global fight against climate change.

Washington caught in trap of distorted view of China's development objectives: China Daily editorial
4 months, 2 weeks ago

Washington caught in trap of distorted view of China's development objectives: China Daily editorial

China Daily  

The US Capitol building is shrouded in haze in Washington, DC, the United States, on June 7, 2023. As this perception has gained traction in Washington's decision-making circles during the last two administrations, it has spilled throughout US society, making any hopes of improving ties subject to second thoughts and thus little more than wishful thinking. In a follow-up to …

US urged to return to rational China policy
4 months, 3 weeks ago

US urged to return to rational China policy

China Daily  

Foreign Minister Wang Yi shakes hands with US Secretary of State Antony Blinken during their meeting on Saturday in Vientiane, Laos. During a news conference at the G20 Finance Ministers and Central Bank Governors Meeting held in Brazil on Thursday, US Treasury Secretary Janet Yellen said she would press China to address the country's macroeconomic model that has led to …

Inflection point calls for change of approach by Washington
5 months, 2 weeks ago

Inflection point calls for change of approach by Washington

China Daily  

The US Capitol building is shrouded in haze in Washington, DC, the United States, on June 7, 2023. As Blinken hinted, the Joe Biden administration is even more convinced now than it was three years ago that the US should seek to work closely with all countries, not only its allies, to deal with the challenges from China, and try …

US could learn a thing or two from its own diplomacy failings
5 months, 3 weeks ago

US could learn a thing or two from its own diplomacy failings

China Daily  

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Decoupling result of US' China policy
5 months, 3 weeks ago

Decoupling result of US' China policy

China Daily  

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The Seismic Shift in the US Trade Agenda
6 months ago

The Seismic Shift in the US Trade Agenda

The Diplomat  

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Yellen says China’s trade policies could ‘interfere significantly’ with US bilateral relationship
6 months, 1 week ago

Yellen says China’s trade policies could ‘interfere significantly’ with US bilateral relationship

Associated Press  

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West's 'overcapacity' narrative arrogant
6 months, 4 weeks ago

West's 'overcapacity' narrative arrogant

China Daily  

JIN DING/CHINA DAILY The West has been hyping up its ill-advised "overcapacity" narrative again, this time targeting China. However, President Xi Jinping told both Von der Leyen and French President Emmanuel Macron in Paris on May 6 that there is no such thing as "China's overcapacity problem", adding that he hoped EU institutions would develop the right perception about China …

Protectionism will drive green transition to dead end: China Daily editorial
7 months ago

Protectionism will drive green transition to dead end: China Daily editorial

China Daily  

US Treasury Secretary Janet Yellen attends an interview with Reuters Editor in Chief Alessandra Galloni in Washington, April 25, 2024. US Treasury Secretary Janet Yellen, during her visit to Frankfurt, Germany, said on Tuesday that the US and Europe needed to respond to China's industrial overcapacity in a "strategic and united way" to keep manufacturers viable on both sides of …

Hidden motives behind China's 'overcapacity' accusation
7 months, 3 weeks ago

Hidden motives behind China's 'overcapacity' accusation

China Daily  

A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. Recently, the United States and some European countries have been hyping up the false narrative of China's "overcapacity", accusing the country of "flooding" the global market with cheap new energy products. Aiming to hit china's new energy industry The "overcapacity" accusation overlooks market demand, …

Beijing dismisses bogus overcapacity claims from US
7 months, 3 weeks ago

Beijing dismisses bogus overcapacity claims from US

China Daily  

Employees work at a photovoltaic panel production facility in Hefei, Anhui province, in February. On Friday, Beijing dismissed the so-called overcapacity claim by the United States as a false narrative which is another example of the US engaging in protectionism and suppressing China's development. Director-General of the Department of North American and Oceanian Affairs of the Foreign Ministry Yang Tao …

Overcapacity, a protectionist rhetoric
8 months, 1 week ago

Overcapacity, a protectionist rhetoric

China Daily  

Workers assemble vehicles at a factory in a free trade zone in Qingdao, Shandong province. Rather than addressing underlying issues with domestic competitiveness head-on, US policymakers and their allies in the media have resorted to protectionist rhetoric, invoking the convenient but dubious theory of "Chinese overcapacity" in the clean energy sector, particularly in electric vehicles, lithium batteries, and solar cells. …

America’s tough talk on trade balance
8 months, 1 week ago

America’s tough talk on trade balance

Hindustan Times  

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US will push China to change a policy threatening American jobs, Treasury Secretary Yellen says
8 months, 2 weeks ago

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Associated Press  

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US, China need 'tough' conversations: Secy Yellen tells Chinese Premier Li
8 months, 2 weeks ago

US, China need 'tough' conversations: Secy Yellen tells Chinese Premier Li

India TV News  

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New US-China talks will address a top American complaint about Beijing’s economic model, Yellen says
8 months, 2 weeks ago

New US-China talks will address a top American complaint about Beijing’s economic model, Yellen says

Associated Press  

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8 months, 2 weeks ago

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Associated Press  

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LA Times  

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Politico  

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1 year, 1 month ago

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Associated Press  

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The Hindu  

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Yellen says Washington might ‘respond to unintended consequences’ for China due to tech export curbs

Associated Press  

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1 year, 5 months ago

The world is big enough for US and China, Yellen says to conclude Beijing trip

NPR  

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Associated Press  

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1 year, 6 months ago

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The Hindu  

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Al Jazeera  

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1 year, 9 months ago

China accuses Washington of trying to block its development

The Independent  

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1 year, 9 months ago

China accuses Washington of trying to block its development

Deccan Chronicle  

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1 year, 9 months ago

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Associated Press  

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3 years, 7 months ago

Blinken's remarks on China ring hollow, will not convince anyone

China Daily  

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Blinken's remarks on China ring hollow, will not convince anyone
3 years, 7 months ago

Blinken's remarks on China ring hollow, will not convince anyone

China Daily  

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