trending Market Intelligence /marketintelligence/en/news-insights/trending/VzBBaYq4xcADUbwp6FEgwg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

IMF urges China to further address overcapacity issues

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


IMF urges China to further address overcapacity issues

The International Monetary Fund has urged the Chinese government to broaden its efforts to address overcapacity in at least 10 sectors, including coal, steel and aluminum, the fund said in its latest annual assessment of the economy.

Even though it said initial progress had been made in reducing overcapacity, the IMF called on Beijing to deepen the reforms with greater reliance on market forces.

"Efforts should focus on more ambitious net targets within coal and steel and a broadening of targets to other sectors," the Aug. 15 report stated. "Reform efforts also need to address the origin of overcapacity which is a combination of high GDP growth targets met through state-directed investment spending, soft budget constraints which allow loss-making firms to stay in business, and underpricing of long-term environmental damage. Indeed, until market forces more fully drive resource allocation, new overcapacity sectors are likely to emerge."

Overall, the IMF said China's economy could sustain strong growth over the medium term, projected at 6.7% in 2017, but required further reforms to be less reliant on debt and investment.