U.S. and Europe chafe over “overcapacity” — but is it real?
Chinese President Xi Jinping is in Europe this week and met Monday with the head of the European Commission and French President Emmanuel Macron. The conversation they had is one that the U.S. has had with China as well, about something called overcapacity — the idea that China is flooding the world with underpriced products. That’s something China, of course, denies...
