China's new home prices fell in February, official data showed on Monday, as government measures and promises of more ...
China, the world's biggest steel exporter, is dealing with a supply glut as a prolonged housing crisis drags down construction. Steel shipments hit a nine-year high last year, sparking ...
Abandoned projects like those in the capital, and dotted around the country, have become potent symbols of China’s economic ... Just as the steel glut is nothing new, this is not Beijing ...
China’s intensifying deflationary pressure threatens to persist long after seasonal distortions fade away, unless the government drains excess capacity in the economy that’s putting pressure on prices ...
(Bloomberg) -- China will push the country’s steel industry to cut output, in an attempt to ease a massive glut and restore profitability at mills. Authorities will promote industry ...