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Editor’s note: Recently, some Westerners have been making noises about China’s “overcapacity,” accusing the country of “flooding” the global market with cheap products and “distorting” market rules. Is the Biden administration really hyping up China’s “overcapacity” issue for the benefit of American companies and workers? Or are U.S. politicians just courting them for their sweet votes as the 2024 presidential election approaches? How could “China’s overcapacity” go from “zero to hero” exactly when U.S. Treasury Secretary Janet Yellen visited China? What does the good old U.S. playbook look like? Tune in to this episode of First Voice and decide for yourself.
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