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27 Jul
17:34

US trade groups decry China subsidy policies

A coalition of US steel trade groups has released a report documenting China’s alleged subsidisation of its domestic steel industry, Kallanish reports. The report examined 25 of the largest Chinese steel companies and found subsidy policies that “…have led to tremendous overcapacity and created a highly fragmented domestic steel sector in China made up of many inefficient, and heavily polluting, companies.” The document was aut…
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