So far, China’s overcapacity has mainly been a problem for the automotive and solar industries. It is now becoming clear that many more sectors will soon be affected – and worldwide. According to a recent study by the think tank Rhodium, there is also massive overcapacity in non-metallic minerals, telecommunications equipment and electrical machinery. Numerous foodstuffs, textiles and chemicals are also produced in abundance and could soon lead to a massive price collapse and sweep numerous manufacturers off the market.