On 28 September 2026, Mr. Zhou Yi, Head of the Economic and Commercial Section of the Chinese Embassy in The Bahamas, published an article in The Nassau Guardian, addressing claims concerning China’s so-called Excess Capacity and a “China Shock 2.0,” while highlighting the opportunities presented by what the article describes as “China Opportunity 2.0” in light of the realities and development needs of The Bahamas.

The article pointed out that excess capacity is an economic concept. It means production exceeds the market’s capacity to absorb it over a sustained period, and cannot be judged simply by export volumes or industry growth rates. Taking China’s electric vehicles, lithium batteries and solar products as examples, the article explained that China’s exports of clean energy technologies and products are important in enabling countries around the world, particularly countries in the Global South, including The Bahamas, to advance their green transition at affordable prices.

The article emphasized that the core sources of China’s industrial competitiveness lie in sustained investment in research and development, technological innovation, comprehensive supply chains and a large domestic market, as well as robust market competition and the experience accumulated through years of reform and opening up. The rapid development of China’s modern industries represents “China Opportunity 2.0” for the world, rather than the so-called “China Shock 2.0.”