MERICS Report: Beyond overcapacity: Chinese-style modernization and the clash of economic models
Chinese overcapacity production is a growing concern in Europe and beyond. In the past, overcapacity issues in China arose mainly around state-owned enterprises and traditional commodities like steel, aluminum, cement and glass. The current wave involves high-tech industries like electric vehicles, batteries, semiconductors, and green energy.
In a new MERICS Report, MERICS experts Jacob Gunter, Alexander Brown, François Chimits, Antonia Hmaidi, Abigaël Vasselier and Max J. Zenglein explore the policy and market drivers behind China’s overcapacities and present case studies on the sectors that have and are most likely to be affected. They also discuss implications and options for Europe.
