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China Cautions European Union Against Protectionist Policies

Nov 13, 2016 05:17 PM EST

China has expressed concerns over the European Union's protectionist stance against its steel products. The recent overcapacity in the steel sector has caused a rift between China and the European Union (EU). China is the biggest producer of construction material in the world.

China's Ministry of Commerce said on Sunday that it had started anti-dumping duties on oriented electric steel imports from Japan, South Korea and the European Union.

China Slaps Japan, EU and South Korea with Duty on Steel Imports

Manthan Chheda |

Jul 25, 2016 03:36 AM EDT

China's Ministry of Commerce said that it had started imposing anti-dumping duty on certain steel imports from the European Union, Japan and South Korea.

China is planning to control its coal production in order to contain environmental pollution in the country.

China to Slash Coal and Steel Capacity in 2016

Rina S. |

Jun 27, 2016 02:31 PM EDT

China is planning to cut its coal production to contain environmental pollution in the country. It is also looking to weed out 'zombie' companies operating in the main polluting industries.

3 Percent Increment in Steel Production Could be Short-Lived

China's Steel Industry Expected to Decline Despite Production Upsurge

Maria Crisanta Echeverria |

Apr 21, 2016 07:38 AM EDT

China's steel production in March grew by three percent for the first time since January last year, the National Bureau of Statistics said.

US government is imposing as much as 266 percent tax on China and six other nations' steel imports

US Charges 266% Tax on Chinese Steel Imports

Charissa Echavez |

Mar 02, 2016 07:01 PM EST

Chinese producers and six other nations that are selling steel in the American market at an unfairly low price will be imposed a tax as high as 266 percent on the price, the Commerce Department revealed on Tuesday.

Near-Bankrupt Chinese Factories Kept Open To Save Face

Vittorio Hernandez |

Dec 29, 2014 08:44 AM EST

As part of local governments' massaging of statistical data in their respective jurisdictions, factories that are almost bankrupt are kept open up to its last breath for the city or town to have good employment and tax revenue data.