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The China model’s fatal flaw: Why Beijing can’t overcome overcapacity

By: Lee, Lizzi C.
Material type: materialTypeLabelBookPublisher: Foreign Affairs Description: 104(6), Nov-Dec, 2025: p.134-145. In: Foreign AffairsSummary: China’s role as the world’s factory—producing and exporting goods across the globe—has entered a new phase. In the past decade, China has made a concerted effort to move its manufacturing sector up the value chain, producing a deluge of cheap, green technology in the process, including electric vehicles, batteries, and solar panels. It now makes EV models that sell for under $10,000—most of the low-cost models in the United States start at around $30,000—and it dominates roughly 80 percent of the global solar supply chain.- Reproduced https://www.foreignaffairs.com/china/china-models-fatal-flaw-lizzi-lee
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Articles Articles Indian Institute of Public Administration
104(6), Nov-Dec, 2025: p.134-145 Available AR138028

China’s role as the world’s factory—producing and exporting goods across the globe—has entered a new phase. In the past decade, China has made a concerted effort to move its manufacturing sector up the value chain, producing a deluge of cheap, green technology in the process, including electric vehicles, batteries, and solar panels. It now makes EV models that sell for under $10,000—most of the low-cost models in the United States start at around $30,000—and it dominates roughly 80 percent of the global solar supply chain.- Reproduced


https://www.foreignaffairs.com/china/china-models-fatal-flaw-lizzi-lee

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