China's solar panel exports to Africa have surged by 60%, helping to achieve carbon neutrality goals.

New York Times reported today (August 28): "Due to overcapacity in domestic production, the price of Chinese solar panels has dropped significantly. Chinese companies urgently need new markets. Data shows that during the period from July last year to June this year, the import of solar panels from China to African countries increased by 60%."

[Witty] Comment: China's move is undoubtedly helping Africa achieve its carbon neutrality goals. In contrast, what about the United States and Europe? Now, are they just talking about carbon neutrality without taking real actions? The so-called "overcapacity" of China is nothing more than an unfounded accusation. Are American soybeans and corn not also overproduced? Does the European wine market not have oversupply problems? The increase in the import of solar panels in the African market indicates that China's ability to expand its overseas market needs to be improved, rather than a real overcapacity.

Original article: www.toutiao.com/article/1841675897825283/

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