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In 2016, China ethyl alcohol and other basic organic chemicals markets and plastic materials and resins market were valued at $137 and $184 billion respectively, which had 9% and 10% growth rates. China is the largest producer and exporter plastic materials market in the world.
The electronics sector was not as successful, because of shortages of raw materials, lack of a reliable power supply, low manpower skill, and a shortage of service and applications personnel. An exception was the Jiangnan Semiconductor Plant in Wuxi, Jiangsu, which received equipment from numerous Japanese and American companies. By 1987 it was ...
In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. In 2010 and 2017, it started to rise again. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. India is the 2nd leading producer of iron and steel industries. [citation needed]
Since the country's industrialization in the 1960s, China is currently the world's largest emitter of greenhouse gases, and coal in China is a major cause of global warming. [10] China is also the world's largest renewable energy producer (see this article), and the largest producer of hydroelectricity, solar power and wind power in the world
The move sent prices up sharply and prompted the US, the European Union, and Japan to file a complaint against China for unfair trade practices at the World Trade Organization. China lost the case ...
China faces a problem with air quality as a consequence of industrialization. China ranks as the second largest consumer of oil in the world, and "China is the world's top coal producer, consumer, and importer, and accounts for almost half of global coal consumption.”, [55] as such their CO 2 emissions reflect the usage and production of ...
Just one month after China announced it would curb exports of germanium and gallium, both essential for making semiconductors, its overseas shipments of the materials fell to zero.
By 2008 raw materials such as Iron ore prices grew and China had to reluctantly agree to price increases by the three largest iron ore producers in the world; BHP, Rio Tinto and Vale. [4] During the 2007–2008 financial crisis, the Chinese steel mills won price reprieves as demand from their customers slowed.