Overcapacity

China solar industry’s losses narrowing on overcapacity push, association says
China solar industry’s losses narrowing on overcapacity push, association says
[BEIJING] Losses in China’s slumping solar sector narrowed in the third quarter, data presented by an industry group official revealed, as the government’s war on industrial overcapacity targeted manufacturers.The...
China’s overcapacity drive faces stubborn oil-refiner revival
China’s overcapacity drive faces stubborn oil-refiner revival
[BEIJING] China’s oil refining sector is once again showing its knack for survival just as Beijing seeks to tackle industrial overcapacity.Of three small refiners in Shandong province that went...
Geely chairman says global auto industry faces ‘serious overcapacity’
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 · 07:29 AM[SHANGHAI] Geely’s chairman and founder Li Shufu...
China tightens rules on new copper smelters to curb 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 copper smelters, in its latest attempt to curb relentless...
China oil refineries face reckoning as Beijing tackles overcapacity
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 rely on becomes a lot scarcer.Over a fifth of...
Chinese overcapacity is crushing the global steel industry
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 – around one billion tonnes a year – is...
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., impacting about 5% of its workforce.According to multiple outlets,...