Long Yongtu: The 'overcapacity' accusation is rooted in protectionism

For more: https://www.cgtn.com/video China's former chief negotiator for entry into the World Trade Organization, Long Yongtu, said in an exclusive interview that "overcapacity" is just an excuse given by certain Western countries because of protectionist instincts. When China's products are competitive, they accuse China of "overcapacity." But when their products are competitive, that'd be considered as following pure business logic. Long stressed that people need to have a good understanding of the actual meaning behind this "overcapacity" accusation. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv