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29 Jul
01:00

China issues new scorecard for environmental and capacity control

China released new standards this week to score local authorities on their efforts to control pollution and reduce industrial overcapacity. The move marks a major step towards changing local government behaviours and mean more serious government action impacting the steel industry in coming years, Kallanish notes. The new guidelines, jointly issued by eight ministries including the Ministry of Environmental Protection and the National Development and Reform …
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