Advanced economies hold China responsible for global steel overcapacity. Yet, the postwar era has witnessed two steel overcapacity crises. The current debate cannot ignore past lessons.
In this blog, Alex He from The Centre for International Governance Innovation (CIGI) explores the G20 Hangzhou Summit outcomes, and China’s G20 presidency, for insights into China’s “strategy and perceptions around global economic governance”. He also considers the conditions that are required for the outcomes of the Hangzhou Summit to be successfully adopted and implemented in the coming years.