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Wednesday, January 10, 2007

China gov't's "announcement" on controlling overcapacity leaves plenty of wriggle room for itself, mfgs, local gov'ts
China's plan to limit overcapacity is vague
Alysha Webb
Automotive News China 2007/10/1 DETROIT --
The Chinese government's heart is in the right place in its latest attempt to rein in overproduction. Unfortunately, like most Chinese policies, this one is short on details and difficult to implement.
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