Tag #Overcapacity

sueddeutsche.de
🌐 75% Global Worthiness
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South Korea's Airport Expansion: Economic Viability Questioned

South Korea's plans to build ten new airports, including one in Saemangeum, are raising concerns due to the unprofitability of many existing airports, such as Muan which lost \$14.09 million in 2023, with only three of fourteen airports currently profitable.

Progress

52% Bias Score

Responsible Consumption and Production
europe.chinadaily.com.cn
🌐 85% Global Worthiness
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China's Solar Power Capacity Set for 10% Growth Amidst Government Intervention

UBS forecasts a 10 percent increase in China's photovoltaic installed capacity this year, reaching 260-280 gigawatts, driven by State-owned enterprises' efforts to meet 2025 targets and government policies aimed at resolving supply-demand imbalances and promoting sustainable industry growth.

Progress

32% Bias Score

Affordable and Clean Energy
forbes.com
🌐 85% Global Worthiness
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European Automakers Face €15 Billion Fine, Production Cuts Amidst 2025 Crisis

European automakers face a €15 billion penalty for failing to meet 2025 EU CO2 emission targets, coupled with Chinese competition, tariff threats, and overcapacity issues, leading to factory closures and reduced sales, although some analysts predict a mid-year sales rebound.

Progress

48% Bias Score

Climate Action
lexpansion.lexpress.fr
🌐 85% Global Worthiness
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China's Record Trade Surplus Fuels Global Competition Concerns

China's record 2024 trade surplus, fueled by a 7% export increase and exceeding domestic demand, threatens global competitors and prompts concerns of deindustrialization in Europe and elsewhere; potential US tariffs may accelerate China's trade expansion in the Global South.

Progress

52% Bias Score

Decent Work and Economic Growth
china.org.cn
🌐 85% Global Worthiness
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China's Photovoltaic Capacity Set for 10% Growth in 2025 Amidst Industry Restructuring

UBS forecasts a 10 percent increase in China's photovoltaic installed capacity in 2025, reaching 260-280 gigawatts, driven by State-owned enterprises nearing their 2025 targets, despite industry-wide price drops and oversupply issues addressed by government policies and self-regulated production cut...

Progress

44% Bias Score

Affordable and Clean Energy