Overcapacity has been a chronic problem in the Chinese manufacturing sector. Investment in the steel industry surged in the aftermath of a massive stimulus package during the global financial crisis, making overcapacity even worse. Chinese President Xi Jinping has announced that “China has ended its era of high economic growth and is shifting to a new economic structure.” the Chinese manufacturing industry is agonizing over a solution to the issue. this Special Report focuses on the steel industry, investigating the progress of and forecast for manufacturing.
1. Will the New Environmental Law Ease Oversupply in China’s “Winner-takes-all” Steel Industry? (Shim Sang-hyung)
2. Chinese Steel Products Spill Over into the World Market and Raise global Trade Barriers (Lee Byung-woo)
3. China’s Steel Industry Has to Adapt to the New Normal of Low growth and Corporate Reform (Shim Sang-hyung)
- Source: Special Report, Chindia Plus Quarterly Winter 2014 VOL.17