China orders crackdown on industrial overcapacity

Sep. 30, 2009

China announced sweeping curbs on surging investment in steelmaking, cement and other industries, warning that chaotic overexpansion was raising the danger of job losses and trouble for banks. Business groups and economists have warned that Beijing's huge...

Overcapacity looms in China

BEIJING, Aug. 27 (UPI) -- China's State Council, warning of overcapacity in emerging sectors, said it plans to take action to guide development and deal with redundant projects.

Many underestimate white dashed lines

Cross-country drive on 2 gallons of gas

'Darth Vader' robs Ohio bank

Witness: Face-eating man was growling

Sex tape spliced into graduation video

President Obama awards the Presidential Medal of Freedom in Washington

View Caption

Enlarge Photo

President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch

Resources: Motivational Speaker - Auto Dealers

UPI.com is your trusted source for world news, top news, science news, health news and current events.
We thank you for visiting us and we hope that we will be your daily stop for news updates.

Business News

China orders crackdown on industrial overcapacity

Overcapacity looms in China