Document Type
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BL
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Record Number
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889748
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Main Entry
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Xu, Dianqing
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Title & Author
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Understanding China's overcapacity /\ Dianqing Xu, Ying Liu.
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Publication Statement
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Singapore :: Springer,, 2018.
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Page. NO
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1 online resource
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ISBN
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9789811308819
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: 9811308810
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9789811308802
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9811308802
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Bibliographies/Indexes
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Includes bibliographical references.
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Contents
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Intro; Preface; Contents; Chapter 1: Evaluation of Overcapacity with an Innovative Definition; 1.1 Introduction; 1.2 Waves of Publicity Drive on Overcapacity; 1.3 Unsatisfactory Results of the Overcapacity Alleviation; 1.4 Theoretical Discussion of Overcapacity; 1.5 Where Does Overcapacity Data Come?; 1.6 Essential Features of Overcapacity; 1.7 Over-Investment and Overcapacity; 1.8 The Source of Overcapacity Publicity; 1.9 Interpreting Overcapacity with an Innovative Definition; 1.10 Three Basic Types of Overcapacity; 1.11 Locate the Problems and Find the Right Remedy.
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2.4.2 Identifying the Inflection Point of Per Capita Steel Consumption by Growth Pattern of Steel Output2.4.3 Identifying the Inflection Point of Per Capita Steel Consumption by the Speed of Urbanization; 2.4.4 Identifying the Inflection Point of Per Capita Steel Consumption by GDP Per Capita; 2.4.5 Identifying the Inflection Point of Per Capita Steel Consumption by GR of Fixed Asset Investment; 2.4.6 Identifying the Inflection Point of Per Capita Steel Consumption by the Amount of New Housing; 2.5 Demand for Housing and Steel Overcapacity.
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2.6 Growth Rate of Demand for Steel and the Inflection Point of the Inverted U-curve2.7 Long-Run Forecast for Per Capita Steel Consumption; 2.8 Capacity Utilization Rate of Steel Industry; 2.9 Steelmakers' Profit Margins; 2.10 Weak Link Is the Main Reason Behind Overcapacity; Chapter 3: Is There Overcapacity in Cement Industry?; 3.1 Introduction; 3.2 Doubtful Cement Overcapacity; 3.2.1 The Fourth Cement Overcapacity; 3.2.2 Characteristics of Cement Industry; 3.2.3 The Fourth Round of Decline for Cement Output; 3.2.4 Relative Cement Overcapacity and Absolute Cement Overcapacity.
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3.2.5 The Statistical Reliability of Cement Capacity3.2.6 Reasonable Range of Capacity Utilization Rate; 3.3 Rising Cement Output; 3.3.1 The Upward Momentum of Cement Output in China; 3.3.2 China's Share in Cement Output of the World; 3.3.3 Cross-Nation Comparison of Cement Output; 3.3.4 Cross-Nation Comparison of Per Capita Cement Consumption; 3.4 Inflection Point of Cement Output; 3.4.1 The Inverted U-Curves in Developed Countries; 3.4.2 Per Capita GDP and Peak Value of Cement Output; 3.4.3 Peak of Cement Consumption and Cumulative Per Capita Consumption.
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Chapter 2: Is Steel Capacity Excessive?2.1 Introduction; 2.2 Spiraling Steel Output; 2.2.1 Steel Output in China: Advancing in Leaps and Bounds; 2.2.2 The Latecomer Becomes the First; 2.2.3 China's Share of the World's Total Steel Output; 2.2.4 Increments of Steel Output Are Concentrated in China; 2.2.5 Horizontal Comparison in Terms of Steel Consumption Per Capita; 2.2.6 Steel Import and Export; 2.3 Absolute Overcapacity and Relative Overcapacity; 2.4 The Inflection Point of Per Capita Steel Consumption; 2.4.1 Identifying the Inflection Point of the Inverted U-curve by Relevant Statistics.
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Abstract
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This book analyzes of the surplus of production capacity in China. According to a government statement, there is a serious surplus of productive capacity in the steel, cement, glass, aluminum, and shipbuilding industries. There was no surplus of productive capacity in above industries between 2002 and 2012, and the current surplus is due to poor government policies on real estate prices after 2012. The book argues that if the Chinese government invested more in social welfare housing over the next few years the surplus of productive capacity would very soon disappear.--
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Subject
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Overproduction-- China.
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Subject
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BUSINESS ECONOMICS-- Economics-- General.
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Subject
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BUSINESS ECONOMICS-- Reference.
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Subject
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Economic history.
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Subject
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Macroeconomics.
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Subject
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Overproduction.
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Subject
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Political economy.
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Subject
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China, Economic conditions, 2000-
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Subject
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China.
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Dewey Classification
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330.951
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LC Classification
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HC427.95
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Added Entry
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Liu, Ying
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Ruoxi, Li
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Yan, Li
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