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As China's economy stalls, Beijing is encouraging companies to ship excess production overseas. Beijing can’t wish away China’s overcapacity problem Skip to main content
But claims that Beijing uses state subsidies to prop up its manufacturing sector, and then dumps the excess surplus overseas, are irking executives in China's car sector. Overcapacity “is a fake ...
China is the world’s second-largest economy behind the U.S. Growth in the Asian country has slowed in the wake of a crackdown on property developers’ high reliance on debt for growth and ...
GUANGZHOU, China (Reuters) -U.S. Treasury Secretary Janet Yellen said on Saturday that she and Chinese Vice Premier He Lifeng agreed to launch exchanges on "balanced" economic growth, an effort to ...
China's Two Markets, Two Resources policy predated the Go Out policy and subsequently regarded as related to the Go Out policy. [2]: 73 Two Markets, Two Resources, emphasizes leveraging domestic supply sources of resources (including through increased investment in prospecting and mining) and international sources of resources (through various strategies, including foreign acquisition ...
“China is determined to dominate the future of the auto market, including by using unfair practices,” Biden said in a February statement. “China’s policies could flood our market with its ...
NDRC's responsibility for large infrastructure is intended to prevent the economy from becoming too hot or cold, as well as to address China's overcapacity in production for sectors like aluminum, iron, steel, and energy. [12]: 106 The NDRC works with other departments to formulate policies, including drafting laws and regulations.
The Foreign Investment Law [1] is a law of the People's Republic of China governing foreign direct investment in China. The law was adopted by the National People's Congress on March 15, 2019, and came into effect on January 1, 2020. It replaces the Law of the People's Republic of China on Sino-Foreign Equity Joint Ventures, the Law of the ...