China’s Strategic Reset: EVs Dropped from Five-Year Plan as Oversupply Tests Industrial Policy
China’s latest five-year plan marks a striking shift in its industrial strategy, with electric vehicles — once the crown jewel of its technological ambitions — excluded for the first time in over a decade. The move signals Beijing’s growing concern over an overheated EV sector plagued by oversupply, falling profits, and intensifying global scrutiny. Instead,…









