China’s steel industry, which has grown at an unprecedented rate, with production increasing more than sevenfold over the past two decades, is now facing significant overcapacity challenges. This overcapacity has led to a glut of cheap steel flooding global China’s Steel Overcapacity Causes Headaches Domestically and Abroad
China’s steel industry, which has grown at an unprecedented rate, with production increasing more than sevenfold over the past two decades, is now facing significant overcapacity challenges. This overcapacity has led to a glut of cheap steel flooding global 
China’s steel production oversupply has been a problem for a long time. Instead of reducing production, the Chinese Communist Party (CCP) has only increased it. However, domestic demand continues to decrease, and the surge in China’s cheap steel exports has
The Chinese Communist Party (CCP) is “powering” Russia’s war against Ukraine and Moscow would “struggle” to sustain its attack without the Chinese support, Secretary of State Anthony Blinken said on April 26 before leaving China, ending his three-day