China pushes back against Western overcapacity claims in new document
- Posted on July 28, 2026
- By South China Morning Post
- 1 Views
- 1 min read
China has issued an official statement defending its export-driven economy against Western allegations of overcapacity and unfair trade practices. Beijing argues that its competitive advantage stems from technological innovation and manufacturing efficiency rather than government subsidies or market manipulation. The document emphasizes that China has never intentionally targeted trade surpluses, positioning the nation's strong export performance as a natural consequence of industrial competitiveness and consumer demand in global markets.
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