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BUSINESSJul 28 · 11:53 UTCWDIV CLICKONDETROITChan Ho-Him, Associated Press

China hits back at criticism over excess industrial capacity as more US tariffs loom

China denied accusations of industrial overcapacity in response to U.S. and European trade measures, asserting its surplus trade results from global demand, not deliberate dumping. The U.S. is investigating 16 countries, including China, for excess capacity, which could lead to new tariffs, while recent U.S. tariffs on Chinese goods over forced labor and the EU's steel and e-commerce import restrictions have drawn Chinese protests.

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