“Addressing these worries might warrant our having defensive motion to shield our corporations and staff — and the traditional Resource kit of trade actions is probably not ample,” Mr. Shambaugh included. “More creative strategies may be important to mitigate the impacts of China’s overcapacity.”
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“In now’s interconnected financial system, these types of overcapacity can also result in the concentration of supply chains in ways that in the long run cut down economic resilience,” Mr. Shambaugh explained in remarks within the Council on International Relations.
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