The West hits out at China's industrial overcapacity, taking aim at the hot new green sectors of electric vehicles, lithium batteries, and solar panels.Shi Kuanbing/VCG/Getty ImagesWestern nations criticize China's cheap exports, citing global economic threats.The US, Germany, and France lead the accusations against China's export practices.China has defended its production, while industrial profits rise, likely intensifying trade tensions.Western countries are lining up to call out China for its barrage of cheap exports that are flooding the world's markets.The US has been leading the criticism in recent months, with Treasury Secretary Janet Yellen broaching the issue last month during her trip to China.