13
Jun
11:09
China restricts automobile manufacturing capacity
China National Development & Reform Commission and Economy & Information Commission issued a guidance towards new automobile capacity investment on 12 June. This restricts expansion for both oil-fuelled and new energy vehicle capacity.
New capacity approvals for traditional oil-fuelled vehicle capacity will be heavily restricted and so will newcomers to the new energy vehicle market. The change in tone reflects a steadier period in the automoti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous