US Chamber of Commerce Expresses Worries Over Implications of 'Made in China 2025' Program
Friday, 1 March 2024, 21:42
US Chamber of Commerce Expresses Worries
The influential business group, after their visit to Beijing, has highlighted concerns regarding the 'Made in China 2025' initiative.
Apprehensions on Overcapacity
The Chamber is apprehensive about the possibility of overcapacity in Chinese industries linked to the program.
Despite advocating against economic decoupling, the Chamber's apprehensions shed light on the potential risks of the initiative.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.