#Latest news with #YoosukKimNikkei Asia25-05-2025BusinessNikkei AsiaChina must rein in overcapacity to avoid a global backlashYoosuk Kim is the President of the Chey Institute for Advanced Studies, a Seoul-based think tank focused on global affairs, economic security and technology-driven innovation. Mounting concerns have emerged around China's industrial overcapacity. Yet this is not a conventional case of supply exceeding demand. It reflects a structural imbalance of global proportions -- one that threatens the industrial viability of many nations and calls for a fundamental recalibration of China's growth model.
Nikkei Asia25-05-2025BusinessNikkei AsiaChina must rein in overcapacity to avoid a global backlashYoosuk Kim is the President of the Chey Institute for Advanced Studies, a Seoul-based think tank focused on global affairs, economic security and technology-driven innovation. Mounting concerns have emerged around China's industrial overcapacity. Yet this is not a conventional case of supply exceeding demand. It reflects a structural imbalance of global proportions -- one that threatens the industrial viability of many nations and calls for a fundamental recalibration of China's growth model.