Cement News tagged under: industry restructure

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China’s balancing act

27 March 2019, Published under Cement News

2018 marked the 40th anniversary of China’s “Reform and Opening Up”, the name given to the hugely successful economic reforms instigated by Deng Xiaoping in 1978, which initiated the country’s transformation from a largely agricultural nation into the second- largest economy in the world. This remarkable period has seen China’s economy enjoy an uninterrupted, multi-decade economic boom and lifted tens of millions out of poverty. China’s cement producers are mid-way through a key phase...