"Overcapacity" narrative extremely destructive to integration of regional economies
Share - WeChat

"Some countries frequently wield the big stick of 'anti-dumping' and 'anti-subsidy', using narratives such as 'de-risking' and 'overcapacity' that are illogical and contrary to market rules," said Wu Hailong, president of China Public Diplomacy Association at the 2024 RCEP Media & Think Tank Forum on May 19.
He added that such actions are extremely destructive to the facilitation of regional trade and investment, the integration of regional economies, and the establishment of a regional large market.
By Ge Xinge and Gong Yueqi
Today's Top News
- Italy's PM accused of complicity in genocide
- Taiwan secessionists deluding themselves believing external support will win the day: China Daily editorial
- Two years on, Gaza's agony calls for action: China Daily editorial
- 2025 Nobel Prize in Chemistry awarded to 3 scientists
- Egypt's President invites Trump to attend Gaza's deal ceremony when reached
- National Day Holiday showcases China's robust economic vitality
Editor's picks