www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / View

Finger-pointing won't solve global steel woes

(China Daily) Updated: 2016-04-20 07:17

Finger-pointing won't solve global steel woes

A worker at a steel company in Lianyungang, Jiangsu province, in January 2015. [Photo/China Daily]

Blaming other countries is always an easy, surefire way for politicians to whip up a storm over domestic economic woes, but finger-pointing and protectionism are counter-productive to remedying those woes.

Last week, tens of thousands of German steel workers went on strike over steel products from China, while Indian steel giant Tata's decision to close mills in the United Kingdom saw a media flurry of accusations that China had flooded the market with products at artificially lowered prices.

It may seem reasonable at first to put the blame on China. But on closer inspection it is clearly just a lame and lazy excuse for protectionism.

Although China produces nearly half of the world's steel, the majority of its products are consumed domestically, and its exports to the UK and Germany account for only a small fraction of the two countries' imports, both in volume and sales.

Moreover, steel products from China are mostly of low added value, such as ordinary steel rods and plates, which many European countries no longer make and have to import anyway.

In fact, plenty of jobs have been created thanks to inexpensive Chinese steel products, as European companies buy these products and then use them to make goods they export.

It should be noted that overcapacity is a global challenge amid a sluggish world economy, and that China has been one of the countries hardest hit.

China has reduced its steel production capacity by 90 million tons over the past three years, and it plans to cut another 100 to 150 million tons of crude steel capacity over the next five years. And the massive layoff of workers is a great challenge.

The problem may be more marked for European countries due to union forces that keep their labor costs much higher than in many other countries. However, the last thing the world needs is a trade war over this issue. Far more jobs will be lost than gained if protectionism prevails.

The West's doubts and objections to China's market economy status might make it easier for them to accuse China of dumping products and justify the imposing of tariffs, but that won't solve the problem.

The way forward for global steelmakers is innovation and collaboration. High-end steel products are still in great demand despite the production glut, and cross-market cooperation can help allocate resources in an efficient and mutually beneficial manner.

It is time for the finger-pointing to stop, and instead, constructive reforms should be rolled out to improve competitiveness to ensure the sustainable growth of the steel sector.--Xinhua News Agency

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美一级片免费看 | 久久怡红院亚欧成人影院 | 欧美一级毛片免费观看 | 免费逼片| 国产欧美日韩在线观看 | 亚洲综合自拍 | 国产在播放一区 | 亚洲欧美卡通成人制服动漫 | 日韩一区三区 | 国产欧美日韩精品第三区 | 全免费a级毛片免费看 | 中文字幕一区在线观看 | 综合色久| 日韩欧美视频一区 | 中国三级毛片 | 午夜视频网站 | 草草视频在线观看最新 | 在线视频亚洲 | 99在线热视频 | 久久国产美女免费观看精品 | 亚洲一级特黄特黄的大片 | 免费看黄色三级毛片 | 亚洲一区二区欧美 | 午夜亚洲 | 国产成人精品一区 | 国产20岁美女一级毛片 | 欧美一区二区三区四区在线观看 | 亚洲人成亚洲精品 | 国产在线99| 亚洲欧美日韩在线线精品 | 免费观看一级特黄三大片视频 | 国内自拍网| 亚洲永久中文字幕在线 | 精品久久久久久久久久久 | 美女被免费网站在线软件 | 黑人巨大交牲老太 | 一级 黄 色 片免费 一级aaaaaa毛片免费 | 久久久9视频在线观看 | 精品欧美小视频在线观看 | 九草在线免费观看 | 亚洲日产综合欧美一区二区 |