Xinhua Headlines: Fallacies and facts about China's "overcapacity"
Recent claims from some Western countries labeling China as having "overcapacity" lack substance and coherence. Upon closer examination, the following facts debunk such rhetoric and reveal the truth.
Macro
A closer look at China's economic steadiness, vitality and potential
The Chinese economy has seen its recovery gather steam in the first quarter (Q1) of 2024, displaying strength and resilience and bringing much-needed certainty to an otherwise uncertain global economic landscape.
In-depth
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Investing in China is a superior option for multinationals
A bad decision in everyday life may result in a few hours of inconvenience, but when an international investor bets on the wrong market, that could lead to missed opportunities or even significant losses.
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Retreat or reinforcement? Decoding foreign investment in China
For those who just sit in offices and focus solely on numbers, it will remain an open question whether China is losing its allure to multinational corporations and becoming "un-investable."
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Companies
Schneider Electric's key production base starts construction in China
Xiamen Torch Electric Industrial Park, also known as the Schneider Electric Xiamen Industrial Park, started construction on Friday in the city of Xiamen.
BMW to further invest 2.8 bln USD in NE China production base
German carmaker BMW announced on Friday an additional investment of 20 billion yuan in its production base in Shenyang, capital of northeast China's Liaoning Province.
