Saturday , June 19 2021
Home / South China Morning Post / China targets air pollution, steel overcapacity with new curbs on ‘blind investment’

China targets air pollution, steel overcapacity with new curbs on ‘blind investment’

Summary:
[unable to retrieve full-text content]China has increased efforts to curb the massive production capacity of its domestic steel industry, a sector central to trade disputes with the United States and the European Union (EU), but also one of the nation’s largest sources of air pollution.The planned production cuts come after a government-stimulated building boom helped the Chinese economy rebound from the damage caused by the coronavirus pandemic early last year.Steel output to support the construction boom has caused iron ore…

Topics:
Frank Tang considers the following as important:

This could be interesting, too:

Tyler Durden writes Iran Election Frontrunner Is Under US Sanctions & 3 Of 4 Presidential Candidates Are Hardliners

Tyler Durden writes Is There A Silver Lining In The PC Woke Snowflake Cancel Culture?

Tyler Durden writes Biden Orders Major Reversal Of Trump’s Missile Battery Build-Up In Gulf

Tyler Durden writes Gen. Milley Says China Has “Ways To Go” Before It Can Take Taiwan

[unable to retrieve full-text content]
China has increased efforts to curb the massive production capacity of its domestic steel industry, a sector central to trade disputes with the United States and the European Union (EU), but also one of the nation’s largest sources of air pollution.The planned production cuts come after a government-stimulated building boom helped the Chinese economy rebound from the damage caused by the coronavirus pandemic early last year.Steel output to support the construction boom has caused iron ore…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.