Temu Warning of China's Overcapacity
This is a China news story, published by Fortune, that relates primarily to Temu news.
China news
For more China news, you can click here:
more China newsNews about Asia business & economics
For more Asia business & economics news, you can click here:
more Asia business & economics newsFortune news
For more news from Fortune, you can click here:
more news from FortuneAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about Asia business & economics, you might also like this article about
Chinese economy. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest many crucial economic sectors news, largest economy news, news about Asia business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
cheap Chinese exportsFortune
•Temu's woes are fresh signs of the doom loop headed for China's economy
75% Informative
China 's e-commerce giant Temu shares sank more than 30% wiping out $50 billion in market value.
Analyst: Beijing ’s decades-old strategy of favoring industrial production over all else, resulting in enormous overcapacity.
China is producing far more output than it, or foreign markets, can sustainably absorb, she said.
VR Score
78
Informative language
78
Neutral language
53
Article tone
formal
Language
English
Language complexity
66
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
Affiliate links
no affiliate links