Finance Minister Lou Jiwei tells US officials that China took overcapacity seriously but it couldn’t simply order private companies to make the cuts. Photo: EPA
Finance Minister Lou Jiwei tells US officials that China took overcapacity seriously but it couldn’t simply order private companies to make the cuts. Photo: EPA
Commodities

Blame game: China hits back at US jabs over excess steel production

China is being criticised for the result of an investment spree that it was praised for just a few years ago, Finance Minister Lou Jiwei says

Topic |   Commodities
Finance Minister Lou Jiwei tells US officials that China took overcapacity seriously but it couldn’t simply order private companies to make the cuts. Photo: EPA
Finance Minister Lou Jiwei tells US officials that China took overcapacity seriously but it couldn’t simply order private companies to make the cuts. Photo: EPA
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