Xi denies any problem of Chinese 'overcapacity' in global trade: Beijing - Times of India

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PARIS: Chinese President Xi Jinping on Monday denied there was any problem of Chinese

overcapacity

in

global trade

at talks in Paris, where French President Emmanuel

Macron

and EU Commission president

Ursula

von der Leyen urged Beijing to play by the rules.

"The so-called 'problem of China's overcapacity' does not exist either from the perspective of comparative advantage or in light of global demand," the Chinese foreign ministry quoted Xi as saying during the talks, adding China and Europe should address differences on trade through "dialogue and consultation, and accommodate each other's legitimate concerns".