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#overcapacity — Public Fediverse posts

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  1. I'm watching videos on China's economy nearly obsessively... and this one is a very good overview that chimes with most of the other sources.

    China's progress in the last decades has been impressive, but the CCP maneuvered China into a corner. Paired with a system that doesn't pivot easily or allow discussions or the real situation, a bleak outlook is IMO accurate.

    youtube.com/watch?v=ptOjscoNz9

    #China #Economics #ChineseEconomy #CN #Involution #Overcapacity #CCP

  2. Cheap imports or strong #industry: the EU #steel #trade measure will decide [#Promotedcontent]: Europe’s #steel sector is under siege: U.S. tariffs block EU exports, while cheap, carbon-intensive imports flood the European market. A new steel #trade measure is essential to secure EU industrial assets, decarbonisation and jobs – including for downstream sectors and their SMEs – against global #overcapacity. euractiv.com/section/economy-j