Reuters examined how Chinese-backed cement plants are springing up along its new “Silk Road”, expanding China’s manufacturing base and reshaping industries but also exporting industrial over-capacity. Hundreds of cement plants in China have been shuttered during Beijing’s anti-pollution drive as authorities seek to curb excess output, fueling a massive international expansion in central Asia and beyond.
Reuters examines cement plants bloom along China’s new Silk Road
30 January 2019, 12:00 am 1 minute
Topics of Interest: Politics
Type: Reuters Best
Sectors: Economy & Policy