Summary | CHINA: CULPRIT OR SCAPEGOAT?"In recent years, 85-95
percent of steel produced by China has been for domestic
consumption.Doing so would cost China 100 billion RMB in
re-employing over 500,000 laid-off steel workers."None of the
money will subsidize steel exports," said Zhang.Expect demand
for steel to soar to ensure China's Belt and Road initiative be ...
percent of steel produced by China has been for domestic
consumption.Doing so would cost China 100 billion RMB in
re-employing over 500,000 laid-off steel workers."None of the
money will subsidize steel exports," said Zhang.Expect demand
for steel to soar to ensure China's Belt and Road initiative be ...
en.ce.cn | 30 April 2016