China’s Plan to Save the Economy Comes at a Cost to Factories – Bloomberg
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Copper foil production at Zhejiang Huanergy Co. in Jinhua, China.
Using state power to accelerate advanced manufacturing has left even cutting-edge sectors struggling with excess supply
The pen squeaks as Jeff Pan sketches a chart on a white-board. He draws a black line signifying consumption that shoots up, then a blue line that edges higher in fits and starts, before ultimately overtaking the first.
That, he explains, is supply.