‘Overcapacity’ in China or fear of China’s rise?

Recently, U.S. politicians and media have sensationalized the concept of "overcapacity" in China, particularly focusing on the expansion of Chinese manufacturing in new sectors like electric vehicles (EVs), lithium-ion batteries, and solar panels. This narrative suggests that Western anxiety about their competitiveness in these industries is driving them to label China's growing industries as overcapacity to hinder their progress.