Search For "overcapacity"
India's chemical sector facing risk from China overcapacity, high crude pr
Updated : 1 month, 4 weeks ago IST
The chemical sector in the country is facing multiple structural and macroeconomic risks, with challenges ranging from China's persistent overcapacities to elevated crude oil prices and weak demand in key western markets, according to a report by Nuvama.
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US Commission flags rising overcapacity, says China fueling new wave of du
Updated : 3 months, 3 weeks ago IST
China's economic challenges are reshaping global trade dynamics, with Beijing increasingly relying on manufacturing and exports to compensate for a sluggish domestic economy, noted the US-China Economic and Security Review Commission's 2025 Report to Congress.
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Taiwan slaps anti-dumping duties on Chinese beer and steel to shield local
Updated : 8 months, 2 weeks ago IST
Taiwan will impose anti-dumping duties on Chinese beer and steel for four months, citing harm to local industries. Officials say Chinese imports are underpriced and damaging domestic production. Lawmakers warn of severe impact on local brewers, with strong public support for the new tariffs.
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US Lawmakers Call for stricter trade measures to combat China's overcapaci
Updated : 1 year, 4 months ago IST
The leadership of the Select Committee on the Chinese Communist Party (SCCCP) has called on the US Secretary of Commerce, Gina Raimondo to take urgent action to address the harmful effects of China's industrial overcapacity and the dumping of goods into American markets.
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Top US, Chinese climate diplomats agree to promote cooperation
Updated : 1 year, 10 months ago IST
Meanwhile, US President Biden has promised new measures to shield steel mills, automakers and other American companies against what he calls trade "cheating" by Beijing, according to the New York Times. The measures are expected to be announced early next week and will include tarrifs on Chi
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US Treasury Secretary Janet Yellen urges China to address industrial overc
Updated : 1 year, 11 months ago IST
During the meeting, Yellen told Chinese officials that their industrial overcapacity, especially in green energy sectors, threatens American production of electric vehicles and solar panel parts.
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Commercial vehicles face grim near-term outlook: Care Ratings
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 25 (ANI): Domestic commercial vehicle sales are expected to decline by 30 to 35 per cent in the current financial year as the industry is staring at further de-growth while the COVID-led economic downturn adds to negative sentiment, according to Care Rating
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Tata Steel plans to cut 3,000 European jobs, outlines transformation propo
Updated : 6 years, 3 months ago IST
London [Britain], Nov 19 (ANI): Tata Steel has unveiled restructuring and cost-cutting plans for its Europe business which include slashing up to 3,000 jobs amid weakening demand and soaring expenses.
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