In this photo taken on May 10, 2010, a worker walk on the steel pipes at an iron and steel factory in Huaibei in central China's Anhui province. China's industrial growth slowed further in July as Beijing clamped down on a credit boom, while inflation spiked to its highest level this year amid summer flooding that wrecked crops. The government data Wednesday, Aug. 11, 2010, added to signs China's boom is cooling and fed expectations Beijing needs to reverse course after imposing lending curbs this year to prevent a bubble in stock and real estate prices. (AP Photo)**CHINA OUT**

China’s steel capacity grows despite drive to cut output, Greenpeace says

In this photo taken on May 10, 2010, a worker walk on the steel pipes at an iron and steel factory in Huaibei in central China's Anhui province. China's industrial growth slowed further in July as Beijing clamped down on a credit boom, while inflation spiked to its highest level this year amid summer flooding that wrecked crops. The government data Wednesday, Aug. 11, 2010, added to signs China's boom is cooling and fed expectations Beijing needs to reverse course after imposing lending curbs this year to prevent a bubble in stock and real estate prices. (AP Photo)**CHINA OUT**
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