In a speech yesterday, Lael Brainard, the Biden administration's National Economic Advisor, spoke at a think tank on the topic of "Responding to the Challenges of China’s Industrial Overcapacity."

During U.S. Secretary of State Antony Blinken's China trip last week, he and his Chinese counterpart exchanged views on overcapacity, a hot-topic issue in bilateral trade relations, as well as on "unfair" U.S. measures against China and China's "unfair trade practices.

At a press conference last week, the spokesperson for China's Ministry of Commerce rejected the concerns about overcapacity in the new energy sector. Instead, he stated, there is a "storage of capacity" to meet the growing demand.

In a recent CNN interview, U.S. Trade Representative Katherine Tai offered a number of comments on China trade issues, including overcapacity, the current Section 301 tariffs, and former President Trump's proposed tariffs on China.

The Chinese Ministry of Commerce (MOFCOM) voiced "firm opposition" against a new Section 301 investigation on Chinese shipbuilding and other sectors, and also against President Biden's calls for raising tariffs on Chinese metal imports, labelling them a violation of international trade rules and vowing to take

A recent report reveals that China is phasing out U.S. chips in its telecom system, a move likely driven by the broader U.S.-China technology rivalry, as both sides seek to bolster the security of their technology supply chains.

In response to U.S. Treasury Secretary Janet Yellen's discussion of Chinese industrial overcapacity last week, Vice Finance Minister Liao Min pushed back against Yellen's comments in a press conference. His responses suggest that there is disagreement between the two sides on the scope and seriousness