Sharing an interesting article on how China’s factories have not been slowing down production even though it has far exceeded foreign and domestic demand. The Obama administration is hoping to take action on the recurring discussion by bringing it up in the next meeting with China. Read more on NY Times.
Overall, this is having a negative impact on the economic efficiency of the global marketplace by weakening the opportunities for other countries to produce. I do NOT think it is fair for a country to continue to produce output at this level and completely outprice anyone from producing themselves.