U.S. Says It’s Fed Up With China’s Overcapacity—and More Countries Agree

The U.S. and several other G-20 members have expressed growing frustration with China’s overcapacity issues, particularly in industries like steel and aluminum, which they argue disrupt global markets. This marks a significant escalation in international criticism, reflecting broader concerns about China's economic practices and their impact on global trade. As more nations join the chorus, it underscores the urgency for China to reform its industrial policies to promote fairer and more sustainable trade practices. This shift could reshape global economic dynamics and influence future trade negotiations.