Author: Alden Schade

The Chinese government has long supported growth in heavy industry with subsidies and other incentives. But now, as the economy looks to balance towards a more diverse mix of industry and services, the government is doing more to aid the transition. Recently, a fund to spur growth in service-oriented businesses was established, and although a… Continue reading Bankruptcy and a Shifting Focus →

A major complaint frequently lodged against Chinese industry, frequently by US politicians or media outlets, relates to state-subsidized industrial production that allows Chinese producers to sell below cost in international markets. Most recently these complaints are focused on the aluminum industry. In the graph below, one can see the dramatic increase in Chinese aluminum production… Continue reading On Chinese Aluminum Capacity Growth →