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New warning on overcapacity

Updated: 2013-11-05 07:10
By Zheng Yangpeng ( China Daily)

Banks told not to lend to projects in five sectors

China's central ministries on Monday sent a stern message about the implementation of a key State Council document aimed at tackling excess industrial capacity.

The ministries underscored the increasing urgency of containing the risks of the longstanding issue.

New warning on overcapacity