Is China’s High-Tech ‘Overproduction’ Killing Jobs In The West? | When Titans Clash | Full Episode

Some EU and US leaders have accused China of overcapacity, and dumping electric vehicles, solar panels, and batteries on the global market, at artificially low prices. The fear is that this will lead US & EU companies to go bust. China has hit back, saying that there is no overcapacity in its 3 clean tech industries, and accusing some of these countries of being protectionist.

Who is right? Are we about to see a trade war erupt between EU and China, similar to what we had seen between the US and China?

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0:00 Introduction
02:49 Protests against China steel exports
05:27 Western leaders on overcapacity problem
08:21 Comparative Advantage
09:04 As China exports, US loses millions of jobs
11:16 The impending second China shock
15:55 BYD ascends
18:05 The history of China’s electric vehicle dreams
22:30 China pushes back against overcapacity accusation
23:30 Auto industry in Europe cuts jobs
25:15 A trade war between Europe and China?
27:33 Solar in China
31:04 US solar makers go bankrupt
33:09 Trump’s solar tariffs
36:26 China’s Ambassador to USA responds
36:55 China exports to the Global South
39:38 How did China dominate battery industry?
42:30 The role of state planning
44:42 China’s moment of reckoning

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[yuppyhoo]

The US has an overcapacity of weapons. 😂

[meow]

Blaming China is much much easier than improving yourself.🤣

[andrijaf]

Just embarrasing how losers are finding excuses.

[elielee]

'Cheaper' because Western goods are grossly overpriced for the quality offered.

[brighthorse]

This reminds me of the Sino-British trade before 1840. Britain couldn't win over China in silk, porcelain and tea, so it started dumping drugs on China. When China started to ban drugs, the British used cannons to force China to buy their products. So Westerners are very experienced in fair trade.

[watsonwoo]

The biggest overcapacity is US DOLLAR!

[aniemmanuel]

Europe is talking about fairness now 😂😂😂😂...

But never thought of fairness when you are dumping your industrial goods in Africa during 80's & 90's

[XinWongDigital]

after watching the entire video all i can feel is that China is spending their money in the right places and investing outsmarting everyone else. While others are spending money on war, weapon and unmanufacture related areas, China is spending their money for the future of human kind. I see nothing wrong with that.

[kayipchan]

Why they didn't blame China in the past decades when Chinese was doing hard and dirty work to produce low-end but yet cheap products?

[TheTraveler]

Blaming China for ‘Overproduction’" is like blaming an A student in the class for studying too hard and taking all the "A's" making the C and D students look bad...what a pathetic argument!!

[KC-vxgj]

The western countries have a long history and mindset of colonization, and they would like less-developed countries to be stuck forever in low-end labor industry. It is time of a change!

[KingOfNaraka]

Everyone country subsidized something. The US subsidized weapons manufacturing, China subsidized consumer goods manufacturing.

[fofoqueiro]

Messi should be blamed for over-scoring

[jdk]

US and Europe never complained when they dominated car sales in China

[dileepkrishnan]

I am an indian. India has tensions with China but I am in full support of Prof. Wang Yiwei here.

[muhammadabdullahbangash]

Why does the US cry every time. China is giving a cheap price, what is wrong? Best wishes to China. The US should focus on competition, not the dirty tectits.

[morbid]

China's EV export is 15 percent of it's output while Germany, Japan and South Korea export 50 to 80 percent of their output.
Overcapacity ?

[lingth]

When BMW sells in China it's fine, when BYD sells in Germany.. it's over capacity

[davidlim]

US & EU just can't compete. !!!

[giangla]

When you see the West losing in trade war with China, you will see the West will play with many new words like "de-risking", "overcapacity", or "Overproduction", but in 20th century the West exported a lot of cars to the world we didn't hear those words at all, can I say the US "Overproduction" about export oil and gas, computer