Ep 77 - There’s no such thing as overcapacity, China says

Beijing just released its most detailed rebuttal yet to accusations from the West around industrial overcapacity – and it pointedly avoided using the very word that started the fight in the first place. There’s a reason for that, and we break it all down in today’s podcast.On this episode, Andrew Polk sits down with Dinny McMahon (Head of Markets Research) to unpack: The five core arguments in MOFCOM’s new position paper on overcapacity, examining which ones hold up and which ones stretch too...