China's factories have pumped out so many solar panels that other countries are complaining. Some people are said to be lining their garden fences with the panels, due to a global glut of the product. This is being held up as an example of a new type of "China shock". Previously, China’s economic rise caused a shock to trade and the labour markets. Companies which were unable to withstand the intense competition often laid off staff. In this podcast, Rory Green, China Economist, GlobalData TS Lombard discusses the situation with regular host, Duncan Bartlett.
China's factories have pumped out so many solar panels that other countries are complaining. Some people are said to be lining their garden fences with the panels, due to a global glut of the product. This is being held up as an example of a new type of "China shock". Previously, China’s economic rise caused a shock to trade and the labour markets. Companies which were unable to withstand the intense competition often laid off staff. In this podcast, Rory Green, China Economist, GlobalData TS Lombard discusses the situation with regular host, Duncan Bartlett.