Unsorted
China slashes key metals growth target amid overcapacity curbs
Years of rapid capacity additions in aluminium, copper and battery materials have led to periodic gluts and profit squeezes China has…
Tag
overcapacity
Unsorted
China set to tackle petrochemicals overcapacity with overhaul
The Chinese government is set to launch a sweeping overhaul of its petrochemicals and oil refining sector, phasing out smaller facilities…
Business
China’s overcapacity crackdown faces litmus test in solar sector
China’s efforts to curb industrial overcapacity face their first test in the indebted and bloated polysilicon sector, a key cog in solar…
Business
Chinese steel profits recover as Beijing targets overcapacity
The profitability of Chinese steel mills began to recover last month, with the improvement likely to accelerate in the second half of the…
Business
Markets bet Beijing is getting serious about China’s overcapacity
Commodity prices from steel to polysilicon have surged this month as Chinese investors bet Beijing is finally serious about addressing…
Business
China’s overcapacity drive faces stubborn oil-refiner revival
China’s oil refining sector is once again showing its knack for survival just as Beijing seeks to tackle industrial overcapacity. Of three…
Business
Geely chairman says global auto industry faces ‘serious overcapacity’
Chinese automakers that have been building plants abroad include BYD, Chery Auto and Great Wall Motor Geely’s chairman and founder Li…