Is China's booming green tech sector a sign of 'overcapacity'? Ecognosis Advisory CEO Andrew Freris calls this accusation a \"nonsensical argument\" in a fiery Bloomberg interview. 🔥
🧠 The CEO’s Take
Freris slammed claims that the Chinese mainland’s new energy manufacturing industry produces more than it needs, arguing the logic falls flat. \"If excess capacity is the case, then Elon Musk must have excess capacity coming out of his ears,\" he quipped, referencing Tesla’s global exports. 🚗💨
💡 Why It Matters
The debate over China’s green tech growth—think EVs and solar panels—has become a hot-button issue in global trade. Critics claim oversupply could distort markets, but Freris’s blunt rebuttal adds fuel to a complex conversation. 🤝🌐
