overcapacity

Bigger airlines might be able to cut overcapacity and reverse the underinvestment that has plagued America's carriers.

Among the worst hit were D-Ram memory chip groups, which had already been dealing with industry overcapacity.

"Overcapacity and strong competition leaves few firms with the ability to fully pass these higher costs on to final goods prices, " he said.

These three sectors just scratch the surface of new job potential: China is far from suffering 'overcapacity in everything.

Is it a fair characterisation to say that there is a general overcapacity problem in most service categories?

Mr Kallenbach said that on balance the danger this year was one of undersupply rather than overcapacity.

But Li said the industry's problems were the result of overcapacity in China and not the fault of trade restrictions.

In a country that ranks alongside Belize in terms of car ownership per capita, it may seem strange to raise the issue of overcapacity.

For a start, fishing subsidies should be abolished in an industry characterised by overcapacity and inefficiency.

Even Ordos might not turn out to be such an egregious example of overcapacity in the longer term.

It was not just trying to achieve rapid growth (which it already enjoyed) or deal with overcapacity (which was not an issue).

Also, the overcapacity in the industrial sector and commercial realestate will come to the surface.

Yet this arrangement may unravel in a dangerous way, and if it does, the most likely culprit will be Chinese economic overcapacity.

Some analysts said the restrictions would be positive for aluminium prices this year because they would curb overcapacity.

Such spending, they say, will boost growth for a time but achieve little but industrial overcapacity in the longer run.

But most commentators believe that China's investment is still too high, and that vast overcapacity will result.

Simply citing particular cases, as the report does, therefore establishes no general case of "overcapacity" as regards China's economy.

And despite the tenth plan's call to reduce overproduction, redundant investment has led to severe overcapacity in a number of sectors.

The cost of money is inappropriately cheap, driving mal-investment and creating overcapacity.

"Overcapacity, " says one analyst, is "one of the great mysteries of China" .

Other industries should be forewarned that they cannot be too small or obscure to escape the watchful gaze of China's overcapacity police.

More efforts were needed to reduce use of outdated capacity and curb new projects in industries with overcapacity , he said.

China has added a new industry to its list of those plagued by potential overcapacity: the vitamin C industry.

"There is a very real risk of overcapacity becoming an issue during the next few years, " said Paul Newton, analyst at IHS Global Insight.

Too much investment means the new projects are likely to be inefficient and end up creating overcapacity.

That means a great deal of overcapacity will need to be cut and the obvious victim will be Chrysler.

It has shuttered some of its grimy aluminum works on Beijing's orders to cut back on overcapacity.

Local governments' stimulus plans are likely to lead to even worse overcapacity in some industries and even worse government debt, he said.

"That would result in unsustainable growth featuring industrial overcapacity and intensive resource consumption. "

If bound by the ultimate consumer demand will be a certain trade or production overcapacity , leading to deflation and depression.

Overcapacity, which continues to exist, coupled with soft demand, led to further pricing pressures, ' said Chief Executive Ki-Joon Hong.

Under the national policies influence of controlling overcapacity, big banks have pulled out of the steel industry.

Container lines have been hit by huge overcapacity and collapsing demand for the consumer goods that are their main cargo.

During 2009, new investment in industries with overcapacity was relatively modest; most money went into infrastructure.

That said, neither Volvo nor JLR is big enough to matter much either way in denting Europe's overcapacity.

China's leaders now worry about overcapacity in a number of sectors, from steel, cement and aluminium to crushed soyabeans.

The deflationary impact of Chinese overcapacity would be felt everywhere, potentially putting the world trading system at risk.

"We have a temporary problem with overcapacity. But in the long term this is still a good market and I'm sure we will see good results. "

In recent days it has talked of oversupply in iron ore imports and declared its intention to cut back on overcapacity in the steel industry.

The production capacity of refined products causes is not sufficient, General overcapacity situation.

Shipping isn't the only sector that placed too-aggressive bets on growth and has been caught out by overcapacity.

Moreover, if the infrastructure spending ends up increasing industrial overcapacity, it could exacerbate trade tensions.

But overcapacity will lead inevitably to serious deflationary pressures, starting with the manufacturing and real-estate sectors.

For parts of steel overcapacity worst-hit area, must under the big strength, strict control capacity blind development.

Ms Yang said Beijing had other aims, such as limiting overcapacity in the wind turbine sector, in setting subsidies.

However, TCL's move has intensified fears of new overcapacity in a notoriously cyclical industry.

In the wake of the global economic slowdown, most Chinese manufacturing companies have experienced overcapacity.

The difference now, as compared to the 1990s, is that the U. S. consumer won't be there to pick up the overcapacity this time.

With Europe plagued by huge manufacturing overcapacity, other automakers are likely to suffer further losses.

Mr. Zetsche also said he doesn't expect any major overcapacity in China's auto industry if its economic growth remains at a fast pace.

I suspect that the dividends will have a bigger impact on the economy than the SoEs spending the money on capex in overcapacity industries.

In 1929 it was the US that had the serious overcapacity problem.

Business spending is indeed low, but no lower than one would have expected given widespread overcapacity and weak consumer spending.

China has a serious overcapacity problem that can best be worked out in global co-operation over four to five years.

If China is already suffering overcapacity in everything, then indeed swelling the urban population would just exacerbate problems.

Overcapacity in polysilicon and finished panels, and low-cost Chinese production, are responsible for the decline.

In most countries, if a central bank were worried about overcapacity, it would use monetary policy to try to slow investment.

History would suggest, therefore, that there should now be massive overcapacity in the global economy.

Unfortunately, the deal does little to solve the motor industry's biggest problem: growing overcapacity, especially in mature markets.

How about building a portfolio that avoids niches, industries and sectors where global overcapacity will create a profitless recovery?

China's slowdown comes as the turbine-making industry globally is facing overcapacity and turbulent demand.

Given the overcapacity in European carmaking, an orderly insolvency of Opel would have made sense.

As for fleet overcapacity, that would appear to remain within the remit of the WTO.

But the business logic is that only a greatly slimmed-down Opel can survive in an industry with chronic overcapacity.

We see that overcapacity of cargo airlines is shrinking.

This hardly supports the widely held notion that too much investment is creating vast industrial overcapacity.

Analysts warn that the shipbuilding market suffers from overcapacity and stiff competition.

An economy already saddled with overcapacity will have to deal with even more.

A rise in the investment share of GDP to 50 percent and signs of overcapacity in the construction and steel sectors should not be ignored.

Most of the other SOEs either have overcapacity or are mismanaged, and must rely on government subsidies and credit to survive.

Even loans going to manufacturers, while apparently useful, have only added to overcapacity.

But doing so will not end the upheaval wrought by technological innovation in the telecoms sector or overcapacity in the car industry.

The surplus of capital led to overcapacity and contributed to poor returns on investment.

"There are big institutional reasons for overcapacity. Local governments have a strong motivation to create this investment, " he says.

Instead, downward pressure has continued because of overcapacity and a slowdown in the pace at which consumers upgrade their electronics.

Despite a stronger volume outlook, rampant overcapacity will continue to weigh on industry profitability.

Weak employment and consumption trends remain, as does continuing structural overcapacity in autos.

05China's financial system means that China has built an unreasonable dying business, leading to a huge overcapacity.

In the past, steps had been taken to address overcapacity and slow response time by asking users to delete old files.

Almost every line is seeing revenue fall faster than traffic as overcapacity cuts the amount lines can charge per container shipped.

The same is true in other basic industries, where overcapacity means that consolidation now makes more sense than investing in new kit.

Some might argue that industrial overcapacity and intensive resource consumption aren't fears but realities of China's modern economy.

The central government has been urging consolidation in the industry to restrain overcapacity and foster investment in new technology.

America must reduce spending to bring its over consumption down, and China must reduce overcapacity .

These will only lead to overcapacity in production, increased pressure on environmental resources, and unsustainable economic growth.

The reason is chronic overcapacity, exacerbated by a recent binge of factory-building.

Credit extended to state-owned enterprises, in the meantime, will inevitably result in more overcapacity and bad debts.

The main factors affecting coke market is lower demand and overcapacity situation.

Depleted stocks and overcapacity mean that the effort expended in catching each fish is higher than it need be.

Globally, it needs to reduce the amount of overcapacity it is exporting to the rest of the world.

But with [industrial] overcapacity and under- consumption, the pendulum has now swung in the other direction.

Most of the investment goods industry is facing further overcapacity situation.

Despite the improvement in steel demand downstream, but the steel industry is even more serious overcapacity .

More than anything, overcapacity undermines pricing power.

But for shipping, aluminum and renewable energy, the iceberg of overcapacity is already breaching the hull.

"The NDRC warned about overcapacity in 2006, but they were proved wrong, " says Yang Jian, editor of Automotive News China.

China as the world's largest tire manufacturing country, China's domestic brand of tire is facing overcapacity.

This pushed the overcapacity problem back onto the United States.

The overcapacity is intensifying, prices of some products have fallen, inventories are rising, and company profits are falling.

Just over half said there was overcapacity in the manufacturing sector.

In solar, global overcapacity and falling prices have hit companies in China just as they have in the US and Europe.

Some economists think the huge overcapacity in industry that held back prices over the past decade is much lower today.

Yet Iceland no longer suffers from overcapacity, and the catch per boat is increasing.

Cheap capital has resulted in overcapacity in the industrial sector and bubbles in the mainland's property market.

LR: In the Italian welded pipe market, overcapacity is an unfortunate fact.

In a world of contracting demand China, the world's leading exporter of overcapacity, is actually adding to global overcapacity.

sooner or later , it is argued , overcapacity will lead to a plunge in capital spending , bringing the economy crashing to earth.

Analysts may put hefty price tags on refineries, but chronic overcapacity means that margins will stay thin.

Severe overcapacity means that prices for electronic goods are declining and even food-price inflation has eased significantly.

Faced with huge losses and overcapacity, the airline industry is undergoing a wave of consolidation.

"All of this means that in the future, China's overcapacity problem is likely to become much more serious. "

Europe's industry will emerge with continuing structural overcapacity.

Overcapacity is a problem in some parts of the economy and not in others.

Under normal circumstances, overcapacity would lead to price and profit decline, which triggers investment decline.

This will add to the existing overcapacity in the European car industry, currently estimated at approaching 20%.

In November we offered proposals to tackle the widespread problem of industrial overcapacity.

With volume moving to France, overcapacity will become even more significant.

Is China's titanic economy finally running into the iceberg of overcapacity?

Strong external demand postponed the arrival of overcapacity.

The corporate sector already suffers from overcapacity.

The result is overcapacity, which brings down the returns for all producers.

Since there remains vast overcapacity in many industries, there is a tendency to over-produce, meaning goods will be sold at marginal cost.

This causes overcapacity in many Chinese industries.

But when I think of the risks facing the economy, overcapacity is not high on the list.

But Chinese carmakers dispute the very notion of overcapacity.

Indeed, it is hard to reconcile simultaneous fears about the Scylla of overcapacity and the Charybdis of inflation.

Prices are dropping fast in many regions, a possible sign of overcapacity.

However, deflation returned to Japan and overcapacity grew once the Chinese economy cooled.

China has a huge overcapacity problem, with total production exceeding consumption by about 10 percent of GDP.

A second factor is that significant overcapacity limits the ability of Chinese manufacturers to pass on higher input costs.

Regarding genuine overcapacity, China's government is explicit about the need to rationalise this.

But there has been aggressive capacity expansion among wind turbine manufacturers, and we now also have overcapacity on wind turbines.

That's frightening to the Beijing government because the global boom that just ended left many China industries with huge overcapacity.

Structural overcapacity isn't just bad for some steelmakers.

The biggest threat is overcapacity in almost every industry.

Theresulting overcapacity hurts everyone, says Laurent Halmos of CLSA, abrokerage.

The project pipeline may indicate that overcapacity looms: more than 1. 5bn tonnes of capacity over four years, Citi notes.

Moreover, the slowdown in the global car market since 2008 has left Japan with huge overcapacity.

There already is an overcapacity problem in China auto industry despite the big growth in recent years.

The clear risk is that politically directed lending creates more overcapacity , poor rates of return and future bad loans for banks.

China saw an overcapacity problem in the steel industry.

the problem of overcapacity in many large industries.

The death of demand means there is structural overcapacity in many spheres.

In a world of overcapacity, the one thing in short supply is human capital.

Beijing's actions did exacerbate overcapacity in some sectors.

"M& A is an effective way to tackle overcapacity, " Mr Xu said.

Companies aren't spending anyway on facilities and machinery because of overcapacity.

At the same time, the industry must tackle the problem of overcapacity in mature markets.

Analysts have expressed concerns about overcapacity in China before, that were later put to rest by fast growth in the market.

In fact, questions such as "overinvestment and overcapacity" have been the subjects under heated debates by academics since 2003.

If no overcapacity, it is clear that it is disgreeing with MIIT.

An overheated property market and vast overcapacity in industries such as steel have not deterred new lending.

But that is creating deflationary overcapacity, fear the newly converted bears.

According to industry estimates, overcapacity in Europe next year will be around 7m units, or 30%.

However, a shortage of mother glass and likely delay in new fab rollouts may mitigate 2005 overcapacity to some extent.

The listing plans are a sign of confidence in a sector buffeted last year by overcapacity fears and China's energy restrictions.

Moreover, high rates of growth can make overcapacity problems disappear quickly.

Mr Anderson argues that imports should recover as overcapacity is used up.

As for overcapacity, most of last year's investment boom went into infrastructure, not manufacturing.

China has business cycles like other economies, and there are some warning signs, in certain sectors, of overcapacity.

There has been little new spending in industries with overcapacity, such as steel and computers.

Investment may also disappoint in 2010, because of overcapacity.

Because of overcapacity in container-shipping, the firm is on course for its first full-year loss.

However, Mr Shao said 60 of China's 147 airports were "operating at the level of saturation and many of them have overcapacity" .

The rates they can earn for each container shipped have also more than halved on some routes because of serious overcapacity.

The government knows very well that the economy has been suffering from overcapacity.

The problem is that what is overcapacity doesn't create many jobs.

Prices and profits slid in the second half of last year, suggesting that overcapacity was hitting hard.

Mr Wuttke estimated overcapacity in China's steel sector at 100m to 200m tonnes, or 15-30 per cent of total capacity.

Global demand has been hit by credit crisis, and as a result there is huge overcapacity in China.

The concern is this will result in dangerous overcapacity.

Overcapacity; Capacity Utilization; Investment in Fixed Assets; Steel Industry; Profit Margin;

Overcapacity n. Too great a capacity for production of commodities or delivery of services in relation to actual need