Posted inBeijing, China, European Union, Guangzhou, Shanghai, World

Beijing needs to tackle the ‘chronic disease’ infecting industry

It has been described as a “chronic disease” which will spread and infect the whole economy. Unless an antidote is found for the virus known as overproduction, it could derail China’s plan for high-quality growth and trigger global repercussions. Earlier this week, the Chinese Premier Li Keqiang reiterated the mantra of fighting poverty, controlling pollution […]