Published by Global Banking & Finance Review®
Posted on November 17, 2025
1 min readLast updated: January 21, 2026
Germany addresses Chinese overcapacity in steel, solar, and e-mobility, aiming for fair competition and job protection through dialogue.
By Maria Martinez
BERLIN (Reuters) -Germany addressed the topic of Chinese overcapacity in key sectors such as steel, solar and electric mobility at the China-Germany Financial Dialogue on Monday, German Finance Minister Lars Klingbeil said.
"From the German perspective, we see fair competition at risk and also see industrial jobs under threat," Klingbeil said in Beijing.
He added that both countries have agreed that it should be a shared task to address the reduction of these overcapacities and thereby ensure stable competitive conditions.
"We have to speak with China instead of speaking about China," Klingbeil said, highlighting the need for China's cooperation to confront global challenges.
(Reporting by Maria Martinez, Editing by Miranda Murray)
Overcapacity refers to a situation where production capacity exceeds the demand for goods or services, leading to inefficiencies and potential financial losses for businesses.
Fair competition is the principle that businesses should compete on a level playing field, without unfair advantages or practices that distort the market.
E-mobility refers to the use of electric vehicles and other forms of electric transportation, which aim to reduce carbon emissions and promote sustainable transport solutions.
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