China criticizes US overcapacity probe
The Chinese Ministry of Commerce criticized the US investigation under Section 301 regarding China's "overcapacity," considering it a unilateral practice that harms the global economic system. It emphasized that the United States has no right to determine whether there is overcapacity based on its unilateral assessment, and that China will take all necessary measures to defend its interests. The ministry clarified that the growth of Chinese industries depends on innovation and ongoing reforms, and called on Washington to return to dialogue to resolve the disagreements.
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