EU businesses warn China on trade strains from overcapacity

22 February 2016 / The Financial Times' Lucy Hornby reports on the European Chamber of Commerce in Beijing's warning that "China’s crushing overcapacity risks inflaming trade tensions as well as swamping the country’s companies with debt". Jörg Wuttke, president of the European Chamber, told reporters in Beijing that China "can’t outgrow this problem any more” and that “politicians need to realise that [Chinese] overcapacity leads to job losses, which leads to protectionism in Europe.” Read the article here (subscriber only).