But China is not a full picture of the bargaining power, because China's annual iron ore capacity is far in excess of domestic production can be a large number from Australia, Brazil, African imports.

但中方也并非完全掌握议价权力，因为中国每年所需的铁矿石量远超出国内所能生产，必须大量从澳洲、巴西、非洲进口。

youdao

But at present, the lift industry has appeared the situation of excess production capacity, thus leading to the malignant competition emerge in an endless stream.

但是目前，升降机行业已经出现了产能过剩局面，因此导致恶性竞争层出不穷。

youdao

Excess capacity may be measured as the increase in the current level of output that is required to reduce unit costs of production to a minimum.

过剩产能可以作为当前产量水平的增加量来测度，这种增加的产量使生产的单位成本降到最低。

youdao

The result has been production capacity far in excess of Chinese consumers' willingness or ability to consume.

WSJ: China's Consumption Conundrum