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Recent China research

* China Watch: Strong global growth a tailwind for China's deleveraging, Michelle Lam, Trey McArver, Larry Brainard, 14 Dec 2017
* China Watch: Outlook for 2018, Larry Brainard, Trey McArver, Michelle Lam, 7 Dec 2017
* China Perspective: North Korea scores, US stuck, Jonathan Fenby, 1 Dec 2017
* China Watch: The profit cycle – still some way to go, Michelle Lam, Trey McArver, Larry Brainard, 30 Nov 2017
* China Watch: China’s road to an automotive superpower, Michelle Lam, Trey McArver, Larry Brainard, Kingsmill Bond, 23 Nov 2017

See all our China research >>

China's steel export test

Overview

China, the world's biggest steel producer, is to introduce export licensing for its booming steel industry on 20 May. This follows the failure of central government policies to rein in output and exports. While the largest producers are state-run, Beijing's attempt to rationalise the industry has been weakened by halting progress in major mergers, growth of smaller locally-run mills and the development of intermediate trading for exports.

The policy of cutting VAT rebates has...

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