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  1. Business - Comment - MONITOR

    Steel sector's plight illustrates extent of China's challenges

    Posted Nov 01st 2012, 12:00am by Tom Holland

    ... according to a report on the sector published yesterday by Zhang Zhiming, head of China research at HSBC, the sector boasts a production capacity of 900 million tonnes, almost 200 million tonnes ... borrowed enthusiastically in China's corporate bond market, raising 75 billion yuan in the first nine months of this year. As a result, according to HSBC, the total liabilities ...

    http://www.scmp.com/business/article/1074097/steel-sectors-plight-illustrates-extent-chinas-challenges

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