Globally, the shift away from coal usage in steel production is seen as a crucial climate mitigation issue. However, China, the world's largest steel producer by far, is moving too slowly. Experts criticize the loopholes in Chinese steel regulations.
Von Nico Beckert
Consumer prices in China are dropping. With producer prices also having been in decline for a while, deflation has now taken hold. This is detrimental to the economy. The Politburo is responding with cheap credit.
Von
Die Preise für Endverbraucher in China fallen. Da auch die Erzeugerpreise schon länger sinken, herrscht nun Deflation. Das ist Gift für die Konjunktur. Das Politbüro reagiert mit billigen Krediten.
Von