Chinese Premier Li Qiang used his address at a World Economic Forum meeting in Dalian to hit back at accusations from the US and EU alleging that Chinese firms benefit from unfair subsidies and are poised to flood their markets with cheap green technologies. China maintains that it simply decided to invest in green technologies earlier, and that the West's actions are unjustified.
So far, China and Chinese analysts have consistently rejected accusations it has an over-capacity problem or that its firms benefit from unfair subsidies, asserting that as the $18.6 trillion economy recovers, supply will better meet demand.
On this episode of Morning Shot, Dan Wang, Chief Economist, Hang Seng Bank China shares her analysis.
Presented by: Audrey Siek
Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg)
Assistant Producer: Simone Chuah
Photo credits: World Economic Forum