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Another question: How to decide whose capacity is "overcapacity"?
Dec 13 01:58 am
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All Comments by HaavBline »China: These Trade Numbers Are Awful [View article]
If buyer tells factories A & B that his is now poor and can not afford their products now, does it make both A & B 'overcapacity'?
Now if A lowers its price by 10% while B can not match the discount, and the buyer decides to buy from A, does that means only factory B is 'overcapacity'?
"Free Market Capitalism is the best path to prosperity", CNBC always chant this 'Kunlow Creed'.
But, "Managed market capitalism is the better path to peaceful conexistance".
Fortunately, the Chinese has understand the value of 'Harmony' for 2000 years.