Chinese President Xi Jinping denied Chinese overcapacity in global trade at a China-France-EU meeting.
Chinese President Xi Jinping denied the existence of Chinese "overcapacity" in global trade at a China-France-EU trilateral meeting, claiming that China's economy and production align with its inherent competitive advantages and global demand patterns. Xi emphasized China's progress in its new energy industry, which contributes to global climate response and green transition, and called for addressing economic and trade frictions through dialogue and consultation.
May 06, 2024
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