China will continue to actively destock its massive property inventory over concerns that the ailing housing market could derail the economy. Along with cutting overcapacity and tackling debt, destocking will be a major task in 2016, ...
It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis
Residents in Tangshan are very familiar with the concept of oversupply. A severe glut in the steel industry has put many jobs at risk in the northeastern Chinese city that counts the metal as one of its primary exports. But the oversupply ...
Tags: Housing Market, Crashing Down
Originated in 1973, China's environmental protection industry witnessed rapid development in the period of "Eleventh Five-Year" (1996-2010) and "Twelfth Five-Year" (2011-2015) after experiencing the initial phase in 1980s and the ...
Tags: environmental protection industry, Manufacturing, Processing Machinery
The Environmental Protection Agency of the Chinese city of Tianjin has announced that it plans to eliminate 1.4 million mt and 2.29 million mt respectively of outdated steel and cement production capacities in the city before the end of the ...
Tags: Steel Output Capacity, Mineral
Air Liquide Group, the world's largest industrial gas producer by revenue, has launched the second phase of its investment program, called Tengfei II, in China this year. The program caters to the country's growing demand for oxygen, ...
Tags: Clean Energy Boom
Buying interest stayed muted at south China's trading hubs for imported thermal coal Tuesday, and CFR delivered prices were rangebound at $86/mt and remain capped by competitively priced domestic thermal coal, traders said. The ...
Tags: south China, thermal coal, imports
Daily News Egypt reported that businessmen expect the price of steel to rise in December as a result of growing demand and the rising price of raw materials worldwide. Mr Ayman El Geyoushi board member of El Geyoushi Steel Company expects ...
Tags: price of steel, result of growing demand, steel and cement