US concern about China’s overcapacity is a non-issue, just like in 2009
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
The narrative around Chinese overcapacity sounds similar to that during the global financial crisis when, as a result of its massive stimulus package, China became the world’s largest exporter amid weak demand. Today, China’s green capacity should be viewed within the broader framework of climate change cooperation.