(China Economic Roundtable) Labeling China's NEV exports as result of overcapacity can't hold water: officials

BEIJING, May 20 (Xinhua) -- While certain Western nations portrayed China's increasing exports of new energy vehicles (NEVs) as the result of domestic overcapacity, several Chinese officials refuted this narrative, asserting that export-based reasoning cannot hold water.

He Hailin, a Ministry of Industry and Information Technology official, said that a nation's production capacity surpassing domestic demand is a