China to issue monthly report on overbuilt sectors

Newswire

SHANGHAI, Dec 16 (Reuters) - China's top economic planning agency will begin issuing monthly reports on 11 industrial sectors suffering from overcapacity, including steel and autos, as part of Beijing's efforts to rein in speculative investment. The sectors comprise industries, including aluminium, that have expanded rapidly in previous years and now have capacity exceeding domestic demand, the National Development and Reform Commission said on Friday. It did not name the other ...

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