China has formally lodged a complaint with the G-7 over their recent declaration, which utilizes the concept of 'overcapacity' as a means to curb Chinese industrial growth. This move by the G-7 has been met with strong opposition from China, who sees it as an attempt to restrict their economic development. The Chinese government has long been concerned about the impact of overcapacity on their industrial sector, and has been working to address the issue through various measures. However, the G-7's declaration has been seen as an overreach, and China is now taking steps to push back against what they see as an unfair restriction on their economic growth. The situation is likely to continue to escalate in the coming days and weeks, as both sides dig in their heels and refuse to back down. The implications of this move by the G-7 are far-reaching, and could have significant consequences for the global economy. As the situation continues to unfold, it will be important to keep a close eye on developments and to Hayden the potential impact on the global economy.