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Understanding China's Overcapacity

  • Book
  • © 2018

Overview

Authors:
  1. Dianqing Xu

    1. Huron University College, University of Western Ontario, Toronto, Canada

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  2. Ying Liu

    1. School of Statistics, Dongbei University of Finance and Economics, Dalian, China

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  • Provides a comprehensive overview of the causes and consequences of the surplus capacity in China’s major industries.

  • Quantitatively illustrates the productive capacity surplus in the steel, cement, glass, aluminum and shipbuilding industries.

  • Identifies essential approaches to promote economic growth recovery in China.

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-xiii
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  2. Evaluation of Overcapacity with an Innovative Definition

    • Dianqing Xu, Ying Liu
    Pages 1-31

  3. Is Steel Capacity Excessive?

    • Dianqing Xu, Ying Liu
    Pages 33-89

  4. Is There Overcapacity in Cement Industry?

    • Dianqing Xu, Ying Liu
    Pages 91-183

  5. Is Overcapacity True for Sheet Glass Industry?

    • Dianqing Xu, Ying Liu
    Pages 185-199

  6. Is There Overcapacity in Primary Aluminium Industry?

    • Dianqing Xu, Ying Liu
    Pages 201-229

  7. Does Shipbuilding Industry Suffer Overcapacity?

    • Dianqing Xu, Ying Liu
    Pages 231-248

  8. Overcapacity and Role of Government

    • Dianqing Xu, Ying Liu
    Pages 249-264

  9. Back Matter

    Pages 265-266
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Keywords

About this book

This book analyzes of the surplus of production capacity in China. According to a government statement, there is a serious surplus of productive capacity in the steel, cement, glass, aluminum, and shipbuilding industries. There was no surplus of productive capacity in above industries between 2002 and 2012, and the current surplus is due to poor government policies on real estate prices after 2012. The book argues that if the Chinese government invested more in social welfare housing over the next few years the surplus of productive capacity would very soon disappear.

Authors and Affiliations

  • Huron University College, University of Western Ontario, Toronto, Canada

    Dianqing Xu

  • School of Statistics, Dongbei University of Finance and Economics, Dalian, China

    Ying Liu

About the authors

Xu Dianqing, PhD in economics of University of Pittsburgh, is a tenured professor of economics at the University of Western Ontario in Canada and a guest professor of the China Economic Research Center of Peking University and the Institute of national accounting of Beijing Normal University. He once served as the president of the Chinese society of American economics, and is known as "the father of China's private banks". He was awarded the Sun-Yefang- Prize in 2003, and the Zhang-Peigang-Prize for Economics Development in 2012. He have published more than 20 books, including "From Trade Surplus to the Dispute over the Exchange Rate", "the Road to the End of Poverty", etc.


Liu Ying, an associate professor of statistics at DUFE in China, has published  a book  "On Institutional Vicissitudes and Development of Bop Statistics" and several articles in statistical research.


Bibliographic Information

  • Book Title: Understanding China's Overcapacity

  • Authors: Dianqing Xu, Ying Liu

  • DOI: https://doi.org/10.1007/978-981-13-0881-9

  • Publisher: Springer Singapore

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: Peking University Press and Springer Nature Singapore Pte Ltd. 2018

  • Hardcover ISBN: 978-981-13-0880-2Published: 16 August 2018

  • Softcover ISBN: 978-981-13-4525-8Published: 11 February 2019

  • eBook ISBN: 978-981-13-0881-9Published: 08 August 2018

  • Edition Number: 1

  • Number of Pages: XIII, 266

  • Number of Illustrations: 61 b/w illustrations

  • Topics: Macroeconomics/Monetary Economics//Financial Economics, Economic Policy

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