Former Malaysian Ambassador Refutes “China Overcapacity Theory”
In a recent interview with China News Service, Majid, the president of the Malaysia-China Friendship Association and former Malaysian ambassador to China, debunked the “China overcapacity theory” being propagated by European and American politicians and media. According to Majid, the root cause of this smear campaign against China is fear of competition in the new energy field, particularly in areas such as photovoltaic cells and electric vehicles where China is excelling.
Majid praised China’s achievements in new energy vehicle technology, high-end manufacturing, supply chain, and infrastructure, stating that these advancements have significantly reduced production costs. He went on to criticize Europe and the United States for responding to Chinese competitiveness by hyping and discrediting China’s new energy industry, which he believes reflects their trade protectionist tendencies.
At a time when global climate change is intensifying, Majid emphasized the need for countries to work together to address climate problems and avoid escalating trade conflicts. He called for healthy competition in the new energy field and urged European and American countries not to suppress high-quality new energy products produced in China.
Majid highlighted China’s role in promoting stability in the international market and fostering mutual benefit and win-win outcomes in the industry. He underscored the importance of encouraging cooperation and collaboration in solving the challenges posed by climate change.
In conclusion, Majid’s remarks shed light on the complexities of global trade dynamics and the need for countries to embrace healthy competition in the new energy sector. As tensions continue to rise, his call for cooperation and mutual understanding serves as a reminder of the shared responsibility to address pressing environmental issues.
(Source: China News Network)