China Yunnan

'China's overcapacity' complaints won't boost Western competitiveness

Illustration: Liu Xidan/Global Times The G7 Foreign Ministers' communiqué after their meeting in Capri, Italy on Friday highlighted concerns regarding China's "non-market policies and practices," emphasizing that these practices lead to "harmful overcapacity" that undermines workers, industries and economic resilience of G7 countries. Although the statement affirmed a reluctance to decouple with China, it…