A steel factory in Chengde, China’s northern Hebei province. China’s steel industry is the largest source of carbon emissions among 31 manufacturing sectors in China. Photo: AFP
A steel factory in Chengde, China’s northern Hebei province. China’s steel industry is the largest source of carbon emissions among 31 manufacturing sectors in China. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

How China and the US are heading for win-win cooperation on one issue, at least – steel

  • In pursuit of China’s goal of reducing its carbon footprint, regulators are moving to cut crude steel production
  • This would also address US concerns about Chinese overproduction in the steel industry

A steel factory in Chengde, China’s northern Hebei province. China’s steel industry is the largest source of carbon emissions among 31 manufacturing sectors in China. Photo: AFP
A steel factory in Chengde, China’s northern Hebei province. China’s steel industry is the largest source of carbon emissions among 31 manufacturing sectors in China. Photo: AFP
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