Beijing axes coal and steel production curbs as Trump’s trade war impacts economy

China’s economy is decelerating, prompting Beijing to pare back environmental policies to boost GDP, analysts profess.

The FT reports that: “Last year, steel producers in four major production cities were forced to halve their steel production during the winter months while reducing their coking coal use by nearly a third, at a minimum. Twenty-eight cities and regions were mandated to cut steel and aluminium output by nearly a third at a minimum. The curbs — a rare restriction imposed on industries where state enterprises are prevalent — were meant to target airborne pollution.”

Now they are dropped. It becomes more difficult day by day to make a case that governments are holding the Paris line.

Image: screenshot from SCMP website

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