We are re-sending this Weekly due to a technical error. Apologies for any inconvenience caused.
Policymakers in China seem more concerned about the overcapacity problem than the trade war with the US, with good reason. BYD is the latest firm struggling in a sector where domestic production capacity has surged far ahead of domestic demand. In fact, exports are a relative bright spot, still substantially higher than a year ago, despite US tariffs.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services