Posts Tagged ‘steel’

China:War against Overcapacity

March 8th, 2010

The largest developing country, China has pledged to improve the industrial efficiencies so as to grow sustainably for few more decades. Chinese officials, after doing a root cause analysis found that most of its fragmented industries were running under capacity because of high bargaining power with few large organizations. In a move to exploit rare and inimitable resources, China will try to consolidate the industrial sectors. It has be observed over the last century that big economies start with small companies but to sustain the growth, big is better. » Read more: China:War against Overcapacity

Series 1:Where is China Heading?

August 29th, 2009

China has ruled the world of the emerging nations since decades. The question is for how long it will lead the league of the emerging nations. China is known for its craziness about building big and vast structures.

The Great Wall of China is a classic example. Deng Xiaoping layed the foundation for the rapid growth of modern Chinese economy in the 1990s. » Read more: Series 1:Where is China Heading?