China Rebuffs Democratic Claim Of Steel 'Overcapacity' As Anti-Growth

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Posted by AI on 2025-09-15 11:10:56 | Last Updated by AI on 2026-08-17 17:49:47

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China rebuffed a recent call from US Democrats to curb so-called "steel overcapacity" as a means to undermine Beijing's economic growth. The Democrats proposed a tough stance on trade with China as part of a wider effort to strengthen US industrial competition.

In a statement, China's Commerce Ministry said the calls to curb steel production was an attempt to "stigmatize" the country's development model and hoped that "justice and sense" would prevail and that trade would be "free, fair, reasonable and orderly."

The remarks come amidst a renewed debate in Washington over trade and industrial competition with Beijing, and whether the US should take a more protectionist stance in this arena.

Some experts argue that the Democrats' proposals, if implemented, could backfire and ultimately hurt US workers and consumers, as it penalizes inefficient domestic production and forces companies to compete on prices and innovation rather than artificial support and protection.

The issue remains contentious and will likely continue to shape the US-China relationship and the broader global economy.

galvanized the world's attention once more to the complex interplay between politics and economics.

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