China: MIIT issues warning on new capacity

China: MIIT issues warning on new capacity
Published: 08 August 2014

Tagged Under: Restructuring China 

China’s Ministry of Industry and Information Technology (MIIT) has issued an emergency decree ordering regulatory departments across the country to stop the cement sector from adding new capacity. The move is in response to some local governments indiscriminately launching new capacity to spur a slowing economy, ignoring the country's restructuring efforts.







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