U.S. Theory of “China’s Excess Industrial Capacity” Brushed Off
Date: 15/05/2024 | Source: Ministry of Foreign Affairs (EN) | Read original version at source
Recently, a spokesperson for Chinese Foreign Ministry brushed off the concern expressed by the U.S. State Secretary Blinken over the impact of “China’s excess industrial capacity” on the global economy.
On the surface, the so-called “China’s excess industrial capacity” fabricated by the U.S. looks like an economic issue but this, in essence, is an absurd one, the spokesperson said and continued as follows:
Every country can produce and export products which has relative advantages at home, and this is the substance of the international trade.
What can be traded between the countries if one forces the other to decrease productive capacity with an excuse of excess industrial capacity as its production is in excess of demand?
The U.S. knows too well about common economic knowledge as well as the reality of industrial development. However, it is trying to attach a label of “excess industrial capacity” on China.
This illustrates that the so-called “excess industrial capacity” argued by the U.S. is not a conclusion drawn from what the market defines but a lie fabricated with political designs. Its real intention is to curb China’s high qualitative development and deprive China of its legitimate rights to development.
What really “exceeds” is not the industrial capacity of China but rather the uneasiness and concern of the U.S. coming from the lack of self-confidence and its act to tarnish the image of China.
The U.S. has already said that it has no intention to contain the economic development of China and hamper China’s scientific and technological progress.
The U.S. should put its words into practice and stop fabricating such a lie as “China’s excess industrial capacity”, the spokesperson strongly demanded in conclusion.
More From Ministry of Foreign Affairs (EN)
The Central Committee of the Workers’ Party of Korea (WPK) sent a congratulatory message to the 14 th Congress of the Communist
January 20, 2026
The Central Committee of the Workers’ Party of Korea (WPK) sent a congratulatory message to the 14 th Congress of the Communist
The DPRK youth movement featuring brilliant inheritance, tradition and noble feats is now in the heyday of its development writing
January 19, 2026
The DPRK youth movement featuring brilliant inheritance, tradition and noble feats is now in the heyday of its development writing
Respected Comrade Kim Jong Un , General Secretary of the Workers’ Party of Korea and President of the State Affairs of the
January 18, 2026
Respected Comrade Kim Jong Un , General Secretary of the Workers’ Party of Korea and President of the State Affairs of the
Today, our young people are significantly marking the 80 th founding anniversary of the Socialist Patriotic Youth League. There
January 17, 2026
Today, our young people are significantly marking the 80 th founding anniversary of the Socialist Patriotic Youth League. There
The respected Comrade Kim Jong Un received New Year cards from heads of state and government, political party leaders and
January 17, 2026
The respected Comrade Kim Jong Un received New Year cards from heads of state and government, political party leaders and
Respected Comrade Kim Jong Un received congratulatory messages and letters from different countries on the occasion of the New
January 16, 2026
Respected Comrade Kim Jong Un received congratulatory messages and letters from different countries on the occasion of the New
Filled with the spirit of pioneering into the uncharted territory and strong will and burning enthusiasm to remain faithful to the
January 14, 2026
Filled with the spirit of pioneering into the uncharted territory and strong will and burning enthusiasm to remain faithful to the
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, received a reply
January 13, 2026
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, received a reply
Kim Song, Permanent Representative of the Democratic People’s Republic of Korea（DPRK） to the UN, issued the following press
January 13, 2026
Kim Song, Permanent Representative of the Democratic People’s Republic of Korea（DPRK） to the UN, issued the following press
The permanent mission of the Democratic People’s Republic of Korea (DPRK) to the United Nations issued the following press
January 12, 2026
The permanent mission of the Democratic People’s Republic of Korea (DPRK) to the United Nations issued the following press
The respected Comrade Kim Jong Un sent a flower basket to Thongloun Sisoulith upon his reelection as the general secretary of
January 10, 2026
The respected Comrade Kim Jong Un sent a flower basket to Thongloun Sisoulith upon his reelection as the general secretary of
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea(DPRK), sent
January 09, 2026
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea(DPRK), sent
Respected Comrade Kim Jong Un , General Secretary of the Workers’ Party of Korea, sent a congratulatory message to Comrade
January 09, 2026
Respected Comrade Kim Jong Un , General Secretary of the Workers’ Party of Korea, sent a congratulatory message to Comrade
Respected Comrade Kim Jong Un , General Secretary of the Workers’ Party of Korea and President of the State Affairs of the
January 09, 2026
Respected Comrade Kim Jong Un , General Secretary of the Workers’ Party of Korea and President of the State Affairs of the
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea (DPRK), sent a
January 09, 2026
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea (DPRK), sent a
Respected Comrade Kim Jong Un continued his journey of devotion for our people to provide them with an affluent and happiest
January 07, 2026
Respected Comrade Kim Jong Un continued his journey of devotion for our people to provide them with an affluent and happiest
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, received a message
January 07, 2026
Respected Comrade Kim Jong Un , President of the State Affairs of the Democratic People’s Republic of Korea, received a message
A spokesperson for the Foreign Ministry of the DPRK gave the following answer to a question raised by KCNA on January 4 as regards
January 04, 2026
A spokesperson for the Foreign Ministry of the DPRK gave the following answer to a question raised by KCNA on January 4 as regards
Choe Son Hui, foreign minister of the Democratic People’s Republic of Korea, sent a message of greeting to her Cuban counterpart
January 02, 2026
Choe Son Hui, foreign minister of the Democratic People’s Republic of Korea, sent a message of greeting to her Cuban counterpart
Pak Thae Song, premier of the DPRK Cabinet, sent a message of greeting to Manuel Marrero Cruz, president of the Council of
January 02, 2026
Pak Thae Song, premier of the DPRK Cabinet, sent a message of greeting to Manuel Marrero Cruz, president of the Council of
More Articles
