Curiously China's very successful economic model - in which capital is more under state control than in private hands, but there's still a competetive market as industrial monopolies are discouraged - isn't brought up here - even though certain major European industrial sectors seem to be finding China more attractive these days, e.g. BASF;
Apparently the Chinese are working too hard and being too productive, hence Janet Yellen complaining about 'overcapacity' recently:
> "I think the Chinese realise how concerned we are about the implications of their industrial strategy, for the United States, for the potential to flood our markets with exports that make it difficult for American firms to compete" Yellen said. "And then other countries have the same concern."
https://www.reuters.com/markets/deals/basf-agrees-15-year-ga...
Apparently the Chinese are working too hard and being too productive, hence Janet Yellen complaining about 'overcapacity' recently:
> "I think the Chinese realise how concerned we are about the implications of their industrial strategy, for the United States, for the potential to flood our markets with exports that make it difficult for American firms to compete" Yellen said. "And then other countries have the same concern."