The Russian News Report website published on April 11 that the United States accused the United States of accusing China of "overcapacity", the author is Dimitri Mignov.Article excerpts as follows:
U.S. Treasury Minister Yellen has accused China of “overcapacity” and business behaviors to create an advantage of “unfairness” for American companies.These tough remarks reflect the sharp increase in the anxiety of American companies in competing with China.Such a statement does not have a new idea: Since the new round of globalization in the 1990s, the Sino -US trade crisis has often occurred.But now, there are reason to think that there is a more fundamental cause behind this dispute, which will be more sharp than ever.
The United States and Europe have high hopes for "green transformation".Through legal support and various emissions restrictions, they not only intend to achieve carbon neutrality as soon as possible, but also provide support for the industry's industry so that they can rely on technology to overwhelm competitors who are not rushing to green technology at a certain time.
But the U.S. and European plans quickly faced questions, because China seems to start developing the renewable energy industry earlier.It has an objective advantage such as a developed industrial foundation, relatively cheap labor and clocks that accurately operate.In the middle of the 21st century, China led the solar panel market.However, Americans believe that they can use electric vehicles and batteries to make up for this shortcoming, because Tesla's success is obvious to all.
A few years later, this idea looks unreliable.This time, in ten years, China's electric vehicle industry also achieved remarkable results.Traditional leaders in the automotive market have no technical and ability advantages accumulated in the field of electric vehicles for decades: this industry is actually created from scratch.
By the end of 2023, China led the market.China produces about 60%of the world's electric vehicles and 66%of vehicle lithium batteries.China's market is huge: Chinese electric vehicles have sold the total of the United States and the European Union.At the same time, Chinese electric vehicles are also sold to mature markets in Western Europe and North America. Unlike most developing countries, these countries have more or less infrastructure of electric vehicles, but they lack competition with Chinese electric vehicle manufacturersAbility.
Specific to the United States, Trump recently warned that if he could not win the election and did not significantly strengthen the supervision of foreign trade tariffs, the US industry would be "massacred".
Obviously, Trump's political opponents also realized this, so Yellen made the sharp remarks quoted in this article.On the other hand, under the existing game rules, Americans are not very clear about what they can do now.There are no dumping phenomena in almost all industries with strong export potential.There is no evidence to prove that Chinese electric vehicles have any unnatural penetration of foreign markets.Even with the normal operation of the WTO, the lawsuit against the so -called Chinese "dumping" cars will be defeated immediately.(Compilation/Wei Lianglei)