China has redeployed 280,000 steel workers, which is more than the combined deployed number of steel workers in the US, the EU and Japan, according to the country’s commerce ministry. Photo: AP
China has redeployed 280,000 steel workers, which is more than the combined deployed number of steel workers in the US, the EU and Japan, according to the country’s commerce ministry. Photo: AP
China economy
Economy /  China Economy

China says it has done more than its share to cut steel production as global forum is scrapped

  • The last meeting of the Global Forum on Steel Excess Capacity failed to produce any major agreements from the participating countries
  • China called for the organisation to be dissolved amid disagreement over how to coordinate industrial policies

Zhou Xin
Zhou Xin

Updated: 7:44pm, 28 Oct, 2019

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China has redeployed 280,000 steel workers, which is more than the combined deployed number of steel workers in the US, the EU and Japan, according to the country’s commerce ministry. Photo: AP
China has redeployed 280,000 steel workers, which is more than the combined deployed number of steel workers in the US, the EU and Japan, according to the country’s commerce ministry. Photo: AP
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