An expert from CleanTechnica, Remeredzai Joseph Kuhudzai, has challenged recent claims about China’s so-called “overcapacity” problem. While concerns have been raised in Western countries about China’s surplus production, Kuhudzai argues that this capacity could significantly benefit regions facing energy and mobility shortages.
European Commission President Ursula von der Leyen recently stated that “the world cannot absorb China’s surplus production.” In response, Kuhudzai suggests that what may be perceived as overcapacity in Europe could be redirected to support the green transition in other parts of the world.
“If the EU is not too keen to have new energy vehicles, solar and battery storage products, and other things from China at levels they consider ‘flooding,’ there is a big opportunity for any capacity in China that may be deemed ‘spare capacity’ to be aggressively redirected to make a real impact in other parts of the world, such as Asia, Central and South America, as well as Africa,” he said.
This perspective highlights the potential for China’s production capabilities to aid in addressing global energy challenges, particularly in regions striving for sustainable development.
Reference(s):
There is no 'overcapacity' that cannot be absorbed by the world
cgtn.com
