China’s car industry with massive overcapacity exports 15-20% of its cars overseas. Germany exports 75-80% of its cars to other countries. DW is very skilled in shaping people’s opinions.

Japan and South Korean exported 55% of their auto manufacturing. While China only export 15%. And China is oversupplying

Iphone is over capacity. Microsoft is over capacity. USD is over capacity.

According to your "Over Capacity " logic Then all net export countries are over capacity: Taiwan - Advance semiconductor US - Firearms and mass destructive weapons German - Luxury cars French - Luxury goods & fashion Swiss - Luxury timepiece Japan - Automobile

This also confirms that there isn't such a thing as "free market"

US and Europe ≠ the world. DW should learn this

Western capitalists complaining about capitalism, how original…

Air bus got huge subsidy and sells jets all over the world. This is a perfect example of over capacity?

Coca-Cola is not only drunk by Americans but also sold all over the world, is this overcapacity? McDonald's, besides being eaten by Americans, is also sold all over the world, is this overcapacity?

When they sell BMW, Mercedes, VW, Toyota, Honda, Nissan and Hyundai all over the world it's free trade. When PRC sells EV all over the world, it is massive overcapacity.. Same ' Copy Paste' playbook as used by the White House. 😂😂😂😂

Before everything was shortage now everything is oversupply 😂😂😂😂

There is NO OVERCAPACITY on Toyota ( world number 1 car producer) for ages, NEVER EVER.

I still remember when GM, VW..... all laughing at Elon Musk, all thought he was crazy. Then he went to China, and the EV market took off. Other Chinese car manufacturers saw that the demand was there, so they ramped up. When everyone was making money, VW realised they missed the boat, so they also started to ramp up their EV. But the bus has already left the station. This is a result from the lack of vision. VW owns the market in China. I drive a VW (Petrol) and a Tesla in China. I can tell u, I did not even trust Tesla at the time, did not even know what it was, but it gave cleaner air in Beijing and Shanghai (used to be really bad, the air quality was worse than London and LA back in the 60s, 70s). I went to the show room at VW with their latest ID2.0, I am an old custoer of VW, and I must say, even BYD is now better than they are and I used to take the piss out of BYD a lot. So, this is not dumping, this is called playing the critical mass, just like AWS, Oracle, IBM, EDS, HP, this is the same playbook the local Chinese people have learnt from the great American and German company. SAS model, once the critical mass is there, u win the game. So calling it "dumping" is the wrong word, you can choose NOT TO buy. Let the Chinese EV rot there in the showroom, to demonstrate your patriotism. China is not pointing a gun onto your head to buy their cars. You have a choice.

In Australia...we do not have those problems...we buy any vehicle we want ....freedom is nice

DW why don't you invite a Chinese economist to talk about this "overcapacity" nonsense?

I am in South-east asian country where my country doesn't have own national car manufacturing and the US and EU always want my country to have free trade for your export cars because we don't have cars to sales to your countries but you won't accept other countries to sales cars to you, it is not fair!!! 😂😂😂

EU has too many officials who get paid by EU tax payers but serve for US’s interests. So, whatever US does, EU will follow sooner or later.

Chinese EV overcapacity？ Really？ Which headless chicken came up with that idea？

It’s hilarious when western said that overcapacity of china should be restricted

Americans were perfectly happy when china made shirts and jeans for the whole world, but EVs and solar panels are off limits apparently

What the US doesn't buy, the beneficiaries are the countries that can buy at a fair price which indirectly controls inflation in their country. 😀

It's called the world economy freedom of trade lol

The auto industry is always consider by the US, Germany and France as the backbone of its industrial capabilities. With the advent of the EV”s overhauling the auto industry from the internal combustion engine to electric vehicles, the US and the West found themselves left behind with the inabilities to compete successfully with China. The US maintain the mechanisms for deterring potential competitors in other countries from even aspiring to a larger regional or global role. The US like to portrays other countries as an antagonists and as well as an adversary when the US face with competition in technology and high-tech industries that the US regard it as their domains and sphere of influence and will not accept any competition from another country. The US wanted to destroys China and its economy in order to prevent China from competing with the US. The US multiple sanctions is a deliberate attempt by the US to obliterate China in its economic and trade war against China. The US sanctions has long been a diplomatic and economic tool used by US seeking to influence others. Europe allowed themselves to be screw by the US as they are slaves to the US interest and the US foreign policy. Europe are buddies of the big bully and the big bully maintains the system that they benefit from the carefully crafted US “so-called” US rule based international order that they want to keep the system in place in order to make sure that the various privilege that they have in the world economy are not taken away or threatened their privilege position. The US and the Western powers position themselves as the world’s moral arbiters, championing human rights, democracy and the rule of law on the global stage. It’s the prerogative of the US to impose new trade tariffs on EV’s and other China green energy imports. The 100% tariff by the US on EV will hurt the lower income Americans most as it deprave the lower income Americans from owning an inexpensive and good EV for their daily transportation. The 100% tariff is a tax levied on cheap China EV that the lower income Americans have to pay in order to owns an EV from China made models. Other countries will be able to enjoy an inexpensive and affordable car within their means Instead of focusing on ideological differences, the US should provides a solid foundation for pragmatic cooperation aiming at strengthening connectivity across the world. Instead US should leverage the thriving Chinese economy as a substantial market and foster stronger connections. Decoupling from China or de-risking with China is neither practical nor necessary and poisoning the relationship by decoupling or de-risking resulted in the lost of opportunity. But instead, the US discourage China and other countries from challenging the US leadership or seeking to overturn the established political and economic order. The major US objective is to safeguard US interests and promote US foreign policy. The US will not tolerate any objection that threatens US hegemony regarding US interests and US foreign policy. If necessary, the US must be prepared to take unilateral action. The US accuse China of excess capacity in green energy. The US like to use ambiguous words like decoupling, derisking, and tariffs in implementing trade barriers and economic sanctions against China. The US wanted to destroys China and its economy in order to prevent China from competing with the US. The US multiple sanctions is a deliberate attempt by the US to obliterate China in its economic and trade war against China. The dense bureaucratic jargon and minute technical detail is a declaration of economic war on China. The US is full of mischief by creating trouble and exerting its power and hegemony as well as economic dominance all over the world.

Japanese and Korean companies been shipping overcapacity cars over the world for the last 40 years

We can't wait to buy chineese cars here in Kenya

Germany exports vehicles to China. Does it want chinese market closed?

Overcapacity of a new and upcoming product is impossible. Failure in EU and North America is the problem.

Since when "over-capacity" that is defined by basic economics of supply and demand becomes a politicians' call?

China is a country of 1.4B vs USA of 327M. China hasn’t responded to USA tariffs. When they do, US companies could be closed to Chinese markets which could devastate the US economy. Trade wars don’t work. G.W. Bush was advocate for free trade as US companies would be available to wider population. Losing 1.4B consumers would have an impact on US..

Overcapacity is code for " we lost at our own capitalism game and cant compete". Its like the rich kid that takes his ball home when he is losing a game.Its easier to jyst ban Chinese goods than it is to revitalize western manufacturing muscle. Western nations spent 30+ years dismantling their own production lines and shipping them to China to make profit.Niw that China flipped the table on them, learn how to work markets, manufacturing etc. It is not fair? Instead of investing in western youth by providing education, affordable housing , heatlh to promote population growth, innovation, etc. The same greedy bastards will much rarher spend our tax money buying weapons to fight China.

The only thing that is truly overcapacity is the US dollar.

Let the market work. If the US can’t make cheap EV cars, then close the factories. It is that simple.

If the export of advantageous products means overcapacity, then the United States and Europe have had overcapacity for more than a hundred years.

Now the Golf can cost even 100 000 Euro. Yay!

1:58 DW is reciting Janet Yellen rhetoric on China overcapacity. I wonder if this just another china bashing. Europe will sing along with US whenever US invented new vocabulary against China .

Sanctions do not help national car industrie. Japanese car and electronic products from Japan and South Korea were also sanctions by USA. in what situation are these industries in USA now? Not better or even worse. The situation is very easy and they are not investing in more R&D. Much of the profits go to salaries of the top officials and investers. Easy money...

The US will still have an auto industry and Europe won't unless you do exactly the same thing.

The guy need to invest in a mic and not use his speaker. I wouldnt use a speaker for my job, why would anyone think this is a great idea for an interview.

What he is missing is that the US has a growing population and so can consume things (like cars) as well as produce them. Germany and Europe as a whole must export because the aging population does not consume what it manufactures as a younger population would. So economise that are export driven like China and Europe must find consumers...But whom? Europe produces expensive high end goods that poorer emerging economies cant afford . The US is growing weary of enforcing the Global Order.

There are literally acres and acres of land covered with bumper to bumper BYD vehicles adjacent to docks waiting for export....... all waiting for the DOM to be changed on the compliance plate to reflect recent manufacture.

Do you even know how automotive companies in China operate???? And that there are dozens of companies, each with a different development model, which compete with each other, and the one that eats its opponents then enters foreign markets, perfectly prepared to conquer with the best model and staff.

Volkswagen, Peugeot and other European car companies won't let dumping happen.

The US doesn't have a problem when it comes to importing iPhones from China, but cars are another story...

There is zero logic in what you are saying. USA had a perfect electric cars before anybody else in the world. USA does not need Chinese cars. Now that Europe was sleeping and not investing in change, that’s a different question. Maybe you should also impose big taxes on imports from China. Unfortunately all big European concerns long ago outsourced everything and actually massively invested in the Chinese economy. Why are you now explaining?

The ones loosing are the US consumers that will have to pay more for a Chinese EV, which are better and cheaper than any of the American made EVs. China could also reply by imposing export controls on materials needed by US manufacturers in making their own EVs. History has shown many times that trade wars also lead to armed conflicts in which WE ALL loose!

The CCP is kicking back a fortune to chinese manufacturers for each car they produce.

can someone tell me why DW open their comments section

Why doesnt Germany and europe in general just put 100% tariffs on chinese cars and lets see who wins

Good for rest of the world. We can purchase Chinese EV in a lower price. One thing concerning is the established car manufacturer like GE, VW, Toyota, ford etc..is going to lose its international market to Chinese.

Bravo, China! 🇨🇳🇨🇳🇨🇳

If you don't like them, don't buy them...

Imagine COMPLAINING ABOUT HAVING TOO MUCH STUFF?? Are you insane.

In economics, as long as the price of any product is lower than its cost and that product is sold at a loss, that is called overcapacity. Yellen's ”overcapacity“ does not refer to overcapacity in economics, but to the fact that China's domestic demand is already sufficient, so it must sell abroad, and China's products are so good that other countries are not competitive, she calls this "overcapacity". If this is the case, then Coca-Cola, McDonald's, and agricultural products (which the U.S. has been asking China to buy) are all overcapacity

Some 3 weeks ago I've heard DW lamenting about China delivering it's first cargo of 5000 EV to Germany. You were devastated that China has beaten you at your own game. You employ similar tactics with smaller European countries effectively crushing their economies. China had a good teacher in you. They didn't practice what you preach, they practice what you (Germany) have been practicing. .....

DW is a US public broadcast service.

In fact, it is impossible for every oil-producing country to truly realise the transformation of clean energy! Only countries that rely on energy imports will attach such importance to new energy investment like China!

If united sneaks doesn't allow Chinese cars in the united sneaks, China must also ban all united snakes cars in China. The same thing for EU!

Germany exports 80% of its vehicles, Japan exports 50% of its vehicles, the U.S. exports 25% of its vehicles...China exports 10% of its vehicles. Western nations: "overcapacity!" Also, notice how the entire pretense of the discussion went away the more they spoke. This guest started discussing overcapacity, then discussed how he thinks that tariffs are a good thing because they can force Chinese EV companies to set up factories in the E.U. If the U.S. hadn't crippled the WTO dispute mechanism, they would obviously rule against this practice.

thank you DW for such in-depth analysis without any confusing clutter around

And the puppet just can't wait to follow orders.

There is nothing wrong with protecting your industries and economies against cheap imports from a foreign adversary constantly trying to undermine your values.

All Cars are built to order after receiving advance deposits upfront and full payment before delivery.

This guy is right people dont want to ride EVs

If Biden consulted with Europe on this it would take Europe over a year to come to a conclusion. Please.

The EU will do what their Colonial Master tells them to do.

European union needs to make sure there is at least a capacity to make cars domestically and like 15% domestic production. If it has to be with tariffs, yes

The EU asking if the world is getting more protectionist is the most hypocritical statement I've heard all year.

Should put tariff on temu.

China 🇨🇳 is promoting BRICS and using it as a dumping ground, a correct term for overcapacity. China is hurting developing countries with its dumping practices. - Brazil launches anti-dumping probes on China after imports soar. - India also imposes five-year anti-dumping duty on Chinese products. Both are BRICS countries.

Let's be honest, decades ago the US public was sold the idea that opening trade with China increase US manufacturing with a huge new market as well as encourage democratic reforms and improve human rights in China. Instead of isolating them we make them play by the same trading rules as everyone else and strengthen the forces of reform. Fast forward to now and one of the few things Democrats and Republicans can agree on is that we've lost manufacturing jobs and China isn't any closer to democratic reform than is was under Mao. The debate isn't about whether the US should reduce Chinese imports, the debate in the US is how much and how fast.

The comments have much more news value than DW itself. So just reading the comments to save time and not been brainwashed.

Why do cars cost any money I dont understand we get ripped off so bad in the US

China should export many more cars to Germany to relieve the overcapacity. Germany sells many more cars in China than in their own country. Or, Germany car maker should make room for china capacity at least in Chinese market.

Should we be worried, ask the passengers on the Titanic

So are we capitalist or not? 😂

Poorly built Chinese cars won't pass western safety standards.

Tariffs are hardly protectionist when China is not competing in a traditional free market sense. The Chinese offer better prices not because they are more efficient, but because the CCP manipulates its currency to make exports more competitive (transferring wealth from importers which is usually the household sector to exporters), sets the interest rate of deposits and loans artificially low (transferring wealth from savers to borrowers), and a whole of host of direct and indirect (e.g., subsided land prices, no environmental protection, little to no workers rights, absent social safety net, etc.) subsidies. The CCP is NOT competing in the traditional free-market sense; it wants to export its way to wealth by impoverishing and weakening the West in the long-run. Thankfully, BOTH Trump and Biden realize this, and are trying to level the playing field to prevent another hallowing out of the US's industrial base, leading to more unemployment. Once the CCP decides to play by the rules of a market economy, then we can have an honest discussion about competition.

Massive brinkmanship by massive products shipment, new tactics to US +++ denials. The consumers want them. Seal own people first. No buy no sell.

I'd like to buy an affordable EV from China. What's wrong with that and why restrict my choice?

There is no need to discuss this, there is a wholly-owned factory in BYD Hungary and cars produced in Europe will not be taxed

Why tariffs ? What about free trade? That seems to apply ONLY when Americans and Europeans have better goods, when others win, it doesn't apply anymore. And then they are surprised that no one takes them seriously anymore

Every country that deals with cChina becomes its dumping ground for its goods. It does not matter if your a country in Africa, Europe, thhe US and even Russia you get cheap below market cost goods. To do business in China the government has a stake in the company and gets great deals for the company. You do not operate in China without a government offical on your board.

This isn't really about overcapacity. It's more protectionism from the US, since these cheap state sponsored chinese goods would hurt/destroy the domestic industries, which has been heavily subsidized by the Biden administration. These domestic industries are supposed to generate jobs and lively hood but with the introduction of these cheap state sponsored chinese good they are at a grave peril of job loss and possible closure, enter the tariffs to protect these industries. Most likely EU would do the same to protect its industries.

This is BS, OVER CAPACITY WILL ONLY BRING THE CHEAPER CARS FOR PEOPLE

Trust me, you don't want to import China EVs (exploding vehicles)

Getting pulled into others' war charriots is not a good feel.

Didn't Europe make the same in the past with no electrical vehicles? The "smart" leaders should know the way out of it.

"be a big burden on transatlantic cooperation." - We in the US are tired of trying to convince Europe on this, it's not like you guys don't know better.

the EU and US are in decline having nothing to offer.

Go Europe, out of China and out of India is the best environmental friendly policy. Built up an industry 5.0 in Europe to produce self sufficient and the economic downfall of China and India will do the trick.

Overcapacity? There is no free market?

Cars nowadays are made to last until 2035

Only 20% or less cars on roads are EVs. Don't ban them, not until all those polluted vehicles are replaced.

This is the first time I see a consensus in America 🇺🇸 ,both parties are competing who's more anti Chinese evs

EVs in America only make sense in the major cities. Out in the countryside, gas (petrol) is the way to go.

The way forward for the Chinese car industry is to go for investment and joint ventures with the local industry, otherwise no country will want their local car companies wipe out by Cheap products from China, electric Car or any other products .

They can and we can't. That is all.

人云亦云，完全没有自己的独立思想，悲哀。

It’s a delicate issue whether there is an overproduction of cars or not. In Japan, initially, there were few buyers for cars, so the strategy was to clear the inventory by selling them overseas. The question is whether the world will accept that. Japan has been able to export slowly over a long period, and during that time, the standard of living for its citizens gradually improved. China, on the other hand, has tried to export rapidly, and the world can no longer tolerate it, which means that the standard of living for its citizens cannot rise.

I wonder if having a heavily dependent trading relationship with a country that doesn’t share your values is something to consider. The experience of Germany recently with Russia might be something to consider. I don’t know if China is not considered to be in a pre-Ukrainian mode with The Philippines, Vietnam, Australia and other countries in that neighborhood. “ Chinese market is more important.” How did Germany get more exposed? Again…