ANNUAL REPORT

dkrause on DSKHT7XVN1PROD with USCC
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113. European Chamber of Commerce in China, ‘‘Overcapacity in China: An Impediment
to the Party’s Reform Agenda,’’ February 2016, 2.
114. Wayne M. Morrison, ‘‘China and the Global Financial Crisis: Implications for
the United States,’’ Congressional Research Service, June 3, 2009, 5.
115. U.S.-China Economic and Security Review Commission, Chapter 1, Section
2, ‘‘Foreign Investment Climate in China,’’ in 2015 Annual Report to Congress, November
2015, 76–77, 158.
116. European Chamber of Commerce in China, ‘‘Overcapacity in China: Causes,
Impacts and Recommendations,’’ 2009, 6.
117. Wendy Leutert, ‘‘Challenges Ahead in China’s Reform of State-Owned Enterprises,’’
Asia Policy 21 (January 2016), 88.
118. European Chamber of Commerce in China, ‘‘Overcapacity in China: An Impediment
to the Party’s Reform Agenda,’’ February 2016, 14.
119. Fitch Ratings, ‘‘Fitch: Chinese Banks Struggle to Balance Strategic Roles,
Profit Goals,’’ January 7, 2016.
120. International Monetary Fund, ‘‘The People’s Republic of China: 2016 Article
IV Consultation: Selected Issues,’’ August 2016, 38; Gabriel Wildau, ‘‘China’s State-
Owned Zombie Economy,’’ Financial Times, February 29, 2016.
121. James T. Areddy, ‘‘G–20 Says Industrial Overcapacity Has Put Dent in Global
Trade,’’ Wall Street Journal, July 10, 2016; Brian Spegele and John W. Miller,
‘‘China Continues to Prop up its Ailing Factories, Adding to Global Glut,’’ Wall
Street Journal, May 9, 2016; Shuaihua Wallace Cheng, ‘‘Overcapacity a Time Bomb
for China’s Economy,’’ South China Morning Post, September 28, 2015; and Aegis
Europe, ‘‘Press Release: China’s Industrial Overcapacity Is Destroying Key European
Industries, July 14, 2016.
122. Biliang Hu and Jian Zhuang, ‘‘Knowledge Work on Excess Capacity in the
People’s Republic of China,’’ Asian Development Bank, July 2015, 9.
123. Biliang Hu and Jian Zhuang, ‘‘Knowledge Work on Excess Capacity in the
People’s Republic of China,’’ Asian Development Bank, July 2015, 9.
124. European Chamber of Commerce in China, ‘‘Overcapacity in China: Causes,
Impacts and Recommendations,’’ 2009, 6.
125. Janet Hao and Andrew Polk, ‘‘Appraising Industrial Overcapacity—The
Achilles Heel of Chinese Growth?’’ Conference Board China Center for Economics &
Business, September 2015, 4.
126. Janet Hao and Andrew Polk, ‘‘Appraising Industrial Overcapacity—The
Achilles Heel of Chinese Growth?’’ Conference Board China Center for Economics &
Business, September 2015, 1.
127. China’s National Development and Reform Commission, Deepening Reform
While Maintaining Stability to Promote Restructuring and Development, December
11, 2013. Staff translation; Janet Hao and Andrew Polk, ‘‘Appraising Industrial
Overcapacity—The Achilles Heel of Chinese Growth?’’ Conference Board China Center
for Economics & Business. September 2015, 5.
128. Biliang Hu and Jian Zhuang, ‘‘Knowledge Work on Excess Capacity in the
People’s Republic of China,’’ Asian Development Bank, July 2015, 5.
129. China’s National Bureau of Statistics via CEIC database; European Chamber
of Commerce in China, ‘‘Overcapacity in China: An Impediment to the Party’s
Reform Agenda,’’ February 2016, 1.
130. Ian Talley, ‘‘Why the U.S. Steel Industry Is Molten Hot over China’s Trade
Practices,’’ Wall Street Journal, June 6, 2016.
131. Tom Mitchell and Yuan Yang, ‘‘China Rails against Global ‘Hype’ on Overcapacity,’’
Financial Times, June 6, 2016.
132. Xinhua, ‘‘Chinese Steel Makers Suffer Heaviest Loss in 2015,’’ April 7, 2016.
133. China Iron and Steel Association via CEIC database; Xinhua, ‘‘Chinese Steel
Makers Suffer Heaviest Loss in 2015,’’ April 7, 2016.
134. China Trade Extra, ‘‘Senators Warn Malmstrom against Giving China Market
Economy Status,’’ June 3, 2016; Duke University Center on Globalization, Governance,
and Competitiveness, ‘‘Overcapacity in Steel China’s Role in a Global Problem,’’
September 2016, 12, 26.
135. European Chamber of Commerce in China, ‘‘Overcapacity in China: An Impediment
to the Party’s Reform Agenda,’’ February 2016, 3; Organisation for Economic
Co-Operation and Development, ‘‘Recent Market Developments in the Global
Steel Industry,’’ February 2016, 12.
136. World Steel Association, ‘‘August 2016 Crude Steel Production,’’ September
21, 2016; Yang Ziman, ‘‘Losses Rise for Chinese Steelmakers as Demand Continues
to Wane,’’ China Daily, December 5, 2015.
137. Organisation for Economic Co-Operation and Development, ‘‘Excess Capacity
and Structural Adjustment in the Steel Sector,’’ April 18, 2016, 5.
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