🌐 While some Western leaders are sounding alarms about China's \"overcapacity,\" could this actually be a global game-changer? 🤔
Recently, European Commission President Ursula von der Leyen claimed that \"the world cannot absorb China's surplus production.\" But is that the whole story? 🧐
According to Remeredzai Joseph Kuhudzai, writing for CleanTechnica—a leading U.S. cleantech news site—the idea of unabsorbable overcapacity is a myth. With many regions still grappling with energy and mobility poverty, China's production could be exactly what the world needs! 🌟
\"What might be considered 'overcapacity' in Europe could play a significant role in the green transition elsewhere,\" Kuhudzai notes. 🌱✨
Imagine redirecting this so-called surplus to places in Asia, Central and South America, and Africa. 🌎 These areas are eager for new energy vehicles, solar panels, battery storage, and more. China's production capabilities could supercharge global efforts to embrace clean energy and sustainable tech! ⚡💚
So, instead of viewing China's capacity as a threat, maybe it's time to see it as an opportunity to fuel a greener, more connected world. 🌐🤝
Reference(s):
There is no 'overcapacity' that cannot be absorbed by the world
cgtn.com
