Why is China producing so much steel?

Name: Why is China producing so much steel?
Uploaded: 2015-12-30T10:53:19.000Z
Duration: 2 min 22 s
Description: The spare capacity in the Chinese steel industry exceeds Europe's entire steel output. Why does China continue to produce so much steel?

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The spare capacity in the Chinese steel industry (the steel they don't need) exceeds Europe's entire steel output - so why does China continue to produce so much steel?

Panorama's, external Jane McMullen has been investigating.

Business

30 December 2015