Overcapacity

China Implements Stricter Regulations for New Copper Smelters to Combat Overcapacity

2 months ago

In a decisive move aimed at managing its burgeoning copper industry, the Chinese government has instituted tighter regulations concerning the establishment of new copper smelting facilities. This maneuver, unveiled on February 12, 2025, seeks to address the rampant overcapacity that has plagued the sector in recent years.

China's Oil Teapots Face Reckoning Amid Overcapacity Crackdown

4 months ago

In a significant shift within China's fluctuating energy sector, local small-to-medium-sized oil refineries, commonly known as "teapots," are grappling with the severe repercussions of a government-led initiative aimed at addressing overcapacity issues. This crackdown by Beijing comes at a time when the balance of supply and demand in the global oil market hangs in the balance, sparking fears within the industry of potential job losses and operational adjustments.