China’s steel industry is facing a reckoning amid overcapacity, reduced domestic demand, and global resistance to Chinese dumping. Insiders say the sector needs to remove 20 to 30 percent of its current capacity. Powered by the property market, which accounts China’s Steel Industry Faces Harsh Reality as Overcapacity Compounds Other Issues
China’s steel industry is facing a reckoning amid overcapacity, reduced domestic demand, and global resistance to Chinese dumping. Insiders say the sector needs to remove 20 to 30 percent of its current capacity. Powered by the property market, which accounts 
China’s ruling communist party expressed discontent on Saturday after the Netherlands updated its export control rules to include two more advanced chipmaking machines by the Dutch company ASML. The photolithography machines, ASML’s TWINSCAN NXT:1970i and 1980i
Australian Treasurer Jim Chalmers has confirmed his Beijing trip will take place on the last week of September. There, he will meet with his Chinese counterparts to discuss trade restrictions and foreign investment opportunities. As the two countries navigate