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Taiwan版 - Beijing's Stimulus Plan May Exacerbate China's Overcapacity
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发帖数: 6973
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Andrew Batson, Stimulus Dilemma for China; Spending on Public Works Risks
Making Production Glut Worse. Wall Street Journal, Mar. 21, 2009.
http://online.wsj.com/article/SB123759537916001075.html
("According to China's industry ministry, as of this month about 30% of the
nation's aluminum production capacity is idle, as is 20% of cement and plate
-glass capacity and 70% of semiconductor production.")
My comment:
(a) About the report itself:
(i) A terrific report, which confirms again the Princip
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