Navigating China's Overcapacity: Insights from the EV Sector

The chapter explores the issue of overcapacity in China, particularly in the electric vehicle sector, highlighting the influx of companies into the market driven by subsidies and protectionist policies. It discusses how the Chinese government shapes industrial policy to nurture local industries, maintain dominance, and compete globally. Additionally, it delves into the impact of Chinese exports on global markets and the evolving trade dynamics with Western countries, emphasizing concerns and tensions arising from China's industrial strategies.