Inside Asia: Tackling the Roots of China's Overcapacity

Oct. 26, 2009

Unproductive investment is a drag on Chinese living standards. But getting local party chiefs to address the problem will be a tall order.

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.

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President Obama awards the Presidential Medal of Freedom in Washington

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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

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Inside Asia: Tackling the Roots of China's Overcapacity

Overcapacity looms in China