Team Sweden：2025年中国产能过剩问题：瑞典公司需要了解的事项报告（英文版）

Overcapacity has been a persistent issue in China’s economy since the start of its economic reforms over 40 years ago. Today, the vast scale of China’s export-driven economy means that excess capacity can no longer be absorbed through exports without triggering strong international reactions. In 2024, China’s record trade surplus of around USD 1 trillion, alongside a declining import share of GDP, underscores a growing disconnect between domestic demand and global trade, intensifying tensions