Summary | China is hence making great efforts to cut excess
capacity in the steel sector.China has so far cut over 90
million tons of obsolete capacity during the 12th Five-Year
period.Fixed asset investment in the steel sector has kept
declining in the past two years.It is estimated that 500,000
laid-off workers will have to be resettled."Not a penny of the ...
en.ce.cn | 29 April 2016