Western concerns about Chinese oversupplies are woefully misplaced
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
The West misunderstands China’s efforts at boosting innovation and satisfying domestic demand as seeking to undermine foreign competitors. While oversupply is a valid concern, a bigger problem is concentrated production among a small cluster of firms which US tariffs on China will not address.