Why is China being beaten up over global steel crisis?

The state of the world steel industry is but one illustration of the dreadful harm inflicted on the world economy by the excesses through from 1990 to 2007 – harm that may still be felt for several years to come. The temptation to beat up on China may be hard to resist at present, but we should remember that despite all the sins we want to blame on China, it is China that will play the pivotal part our recovery, David Dodwell writes in the South China Morning Post

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