China's Overcapacity Problem and Xi Jinping's Perspective
===============
#ac1676e0 ver:0.89
The US-China trade war escalates as the Biden administration plans to increase tariffs on electric vehicles, solar panels, steel, and aluminum. The US government criticizes China's industrial overcapacity, citing economic risks and global spillovers. China believes the US is suppressing its emerging industries, while the US argues for fair competition and national security. Tariffs are seen as a temporary solution to reduce economic dependence on China and protect US industries. The Biden administration aims to address China's negative economic spillovers and rebuild its own manufacturing capacity. #TradeWar #IndustrialOvercapacity #Tariffs #USChinaRelations...
#newstr #China #XiJinping #Economy #Overcapacity #Manufacturing #ElectricVehicles #Steel #Eu #Subsidies #Demand
https://here.news/story/ac1676e0?ver=0.89
China Threatens Retaliation Against EU Investigations, Targeting Wine, Dairy, and Aircraft /
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2024-07-17 13:05:21
Author Public Key
npub18hf4mntfwp8sgft8tlwzq05f6pvvx7d9wept55m4daeg0lj7wfmsdwgqk7Published at
2024-07-17 13:05:21Event JSON
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"content": "China's Overcapacity Problem and Xi Jinping's Perspective\n===============\t\n#ac1676e0 ver:0.89\n\nThe US-China trade war escalates as the Biden administration plans to increase tariffs on electric vehicles, solar panels, steel, and aluminum. The US government criticizes China's industrial overcapacity, citing economic risks and global spillovers. China believes the US is suppressing its emerging industries, while the US argues for fair competition and national security. Tariffs are seen as a temporary solution to reduce economic dependence on China and protect US industries. The Biden administration aims to address China's negative economic spillovers and rebuild its own manufacturing capacity. #TradeWar #IndustrialOvercapacity #Tariffs #USChinaRelations...\n\n#newstr #China #XiJinping #Economy #Overcapacity #Manufacturing #ElectricVehicles #Steel #Eu #Subsidies #Demand \n\n https://here.news/story/ac1676e0?ver=0.89",
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