Geely chairman says global auto industry faces ‘serious overcapacity’
Chinese automakers that have been building plants abroad include BYD, Chery Auto and Great Wall MotorPublished Mon, Jun 9, 2025 ...
Tag: Overcapacity
China tightens rules on new copper smelters to curb overcapacity
China will also encourage copper smelters to sign long-term purchase agreements with global minersCHINA has tightened requirements for building new ...
China oil refineries face reckoning as Beijing tackles overcapacity
CHINA’S independent oil refineries face a reckoning this year as Beijing tackles overcapacity in the industry, and the crude they ...
Chinese overcapacity is crushing the global steel industry
EACH year, China makes as much steel as the rest of the world combined. The vast scale of its output ...
EY To Cut 3,000 Jobs Due To ‘Overcapacity’ | Entrepreneur
Global consulting firm Ernst & Young (EY) said on Monday that it is cutting around 3,000 jobs in the U.S., ...
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