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A takeover will create the world’s second-largest steel producer, and may offer a guide to more mergers and acquisitions being considered to advance economic reform

B
aosteel Iron and Steel's proposed takeover of Wuhan Iron and Steel – part of China's attempt to consolidate its steel industry and remove excess capacity – may offer a model for other mergers and acquisitions under consideration to bring about supply-side reform.
10 months ago
Amedeo Tumolillo
By Amedeo Tumolillo
Amedeo Tumolillo is an editorial consultant with SupChina and award-winning multimedia journalist. He previously worked at The New York Times and Spectrum. Follow him on Twitter at @hellotumo.
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