“Overcapacity in steel production is a worldwide problem. The main reasons for this are the slow recovery of the global economy and shrinking demand.”
Source: "Chinese Vice Premier: Germany Can Trust Us" in Handelsblatt https://www.handelsblatt.com/english/politics/handelsblatt-interview-chinese-vice-premier-germany-can-trust-us/23542860.html?ticket=ST-3429686-pwkpyaicAuKXkd15MSqn-cas01.example.org (25 November 2016)
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Liu Yandong 5
Chinese politician 1945Related quotes
On the 2015 Chinese stock market crash, as quoted in " India - we can take the economic lead as China stumbles http://www.bbc.com/news/business-34063295", BBC News (27 August 2015)
The New York Review of Books (12 June 2008)
“The development of a global economy has not been matched by the development of a global society.”
The Crisis of Global Capitalism (1998)
Context: The development of a global economy has not been matched by the development of a global society. The basic unit for political and social life remains the nation-state. International law and international institutions, insofar as they exist, are not strong enough to prevent war or the large-scale abuse of human rights in individual countries. Ecological threats are not adequately dealt with. Global financial markets are largely beyond the control of national or international authorities.
Source: Global Shift (2003) (Fourth Edition), Chapter 15, Winners and Losers, p. 509
2011, Address on the natural and nuclear energy disasters in Japan (March 2011)
Context: In the midst of economic recovery and global upheaval, disasters like this remind us of the common humanity that we share. We see it in the responders who are risking their lives at Fukushima. We show it through the help that has poured into Japan from 70 countries. And we hear it in the cries of a child, miraculously pulled from the rubble.
In the coming days, we will continue to do everything we can to ensure the safety of American citizens and the security of our sources of energy. And we will stand with the people of Japan as they contain this crisis, recover from this hardship, and rebuild their great nation.
412
1940s–present, Minority Report : H.L. Mencken's Notebooks (1956)
The Exhausted School: Bending The Bars of Traditional Education, Berkeley Hills Books; 2 edition (2002) p. 53
The Crisis of Global Capitalism (1998)
Context: We live in a global economy, but the political organization of our global society is woefully inadequate. We are bereft of the capacity to preserve peace and to counteract the excesses of the financial markets. Without these controls, the global economy, is liable to break down