BeijingChina’s trade surplus is not just overcapacity, Chen Deming says.
The former commerce minister urged Beijing to secure investment agreements with other countries.
Chen gave China’s responsibility as a major country as the first reason firms should invest abroad, sharing know-how.
The transcript comes from a Center for China and Globalization forum recording, which Chen has not reviewed.
How each outlet framed it
- Pekingnology
- rejects the overcapacity explanation for China's trade surplus and argues Beijing must secure more investment treaties to ease outbound firms
Sources: Pekingnology