pricing

Capacity Cuts Lessen Supply, Raise Prices

Capacity Cuts Lessen Supply, Raise Prices

China’s moves, including environmental shutdowns, to cut production capacity have reduced supply, raised prices, and in some cases disrupted supply chains. China has been working to cut capacity in industries beyond coal and steel, and efforts will be extended to address overcapacity in ship construction, nonferrous metals production, the refining and chemical industries, and the building material industries.

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How China’s Energy and Electricity Pricing Liberalization Impacts All Industries

How China’s Energy and Electricity Pricing Liberalization Impacts All Industries

President Xi Jinping called for an “energy revolution” in June 2014 aimed at improving energy efficiency through the establishment of a “market-oriented energy pricing mechanism.” One year later, the central government has made notable improvements toward liberalizing energy and electricity prices—which many USCBC member companies see as an important factor in allowing the market to play a greater role in China’s economy and creating a more competitive business environment.

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