is a major factor behind the steel crisis and has already cost us thousands of jobs.
There is still overcapacity
in the market,' Bautista had said.
A slowing economy and problems with industrial overcapacity
have reduced investment opportunities, said Fan Gang, a Chinese central bank vice governor.
, which has allowed Chinese steel producers to inundate markets across the world with cheap exports, has triggered calls for global monitoring of China's steel output.
The handling of the stock market and currency reform has revealed serious leadership and policy shortcomings, but the management of the real economy over the last several years seems to be proof of nothing less than a system-generated overcapacity
Nine other provinces have yet to make any dent in their coal production overcapacity
Premier Li insisted that China was taking strong and determined measures to tackle the problem of overcapacity
, adding that China does not use subsidies to give its industries a competitive edge.
in China's industrial sectors is causing mounting losses with weak demand for output and high financial leverage.
Delta said Sunday it had reduced flights between Atlanta and Dubai this winter, blaming overcapacity
on US routes to the Middle East by subsidized and state-owned airlines, underscoring a trade row.
The effect of this overcapacity
is low freight rates, which will undermine the profitability of the container shipping sector.
In the report, BCG anticipates continued overcapacity
in the container shipping industry, with no market recovery in sight.
Emr Properties' hospitality and retail activities are providing it with a strong buffer against market volatility, although the risk of overcapacity
hangs over the company, according to Moody's Investors Service.