EU Chamber Head: "Overcapacity" Won't Affect China-EU...
China News
April 25, 2024
Jens Eskelund, President of the European Union Chamber of Commerce in China, emphasized that addressing "overcapacity" in China will not hinder trade cooperation between China and the EU. He stated that working together to avoid excessive capacity and prevent companies from bankruptcy would actually enhance the chances of fruitful collaboration. Eskelund highlighted the importance of China's participation in transitioning supply chains to decarbonize and meet climate challenges.