Hey there, ever wondered why industries sometimes produce more than we can handle? 📈 Recently, the U.S. and the European Union have been buzzing about \"overcapacity,\" especially pointing fingers at products like electric vehicles from the Chinese mainland. 🚗🔌
But here's the twist: overcapacity isn't a bad thing! It's actually a natural step when industries move from being the new kid on the block to becoming seasoned players. Just take a look at some of the major industries in the U.S.—railroads, cars, telecommunications, and computers. They've all gone through phases where they made more than the market demanded. It's like growing pains for industries! 🌱
So, instead of worrying about overcapacity, maybe it's time we see it as a sign of growth and maturity. After all, every industry needs to find its balance, right? 🤔
Reference(s):
Historical patterns, status quo and countermeasures to overcapacity
cgtn.com
