Overview: Provides a comprehensive overview of the causes and consequences of the surplus capacity in China’s major industries..Quantitatively illustrates the productive capacity surplus in the steel, cement, gThis book analyzes of the surplus of production capacity in China. According to a government statement, there is a serious surplus of productive capacity in the steel, cement, glass, aluminum, and shipbuilding industries. There was no surplus of productive capacity in above industries between 2002 and 2012, and the current surplus is due to poor government policies on real estate prices
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