China warns against ‘vicious cycle’ of decoupling from the West

Discussion in 'Political Discussions' started by Lerner, Jun 25, 2024.

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  1. Lerner

    Lerner Well-Known Member

    China warns against ‘vicious cycle’ of decoupling from the West

    https://www.yahoo.com/finance/news/china-warns-against-vicious-cycle-091033458.html

    "Chinese Premier Li Qiang has warned against a “vicious cycle” of economic decoupling from the West, as Beijing struggles to contain rising global pushback over soaring electric vehicle (EV) exports.

    Speaking to international executives at the “Summer Davos” forum in the northeastern city of Dalian on Tuesday, Li also defended his country against accusations that Chinese overcapacity in key green industries has led to dumping of products such as EVs and solar panels on global markets."
     
  2. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Bad for everyone, but worse for them, I expect.
     

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