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overcapacity

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o·ver·ca·pac·i·ty  (vr-k-ps-t)
n.
Too great a capacity for production of commodities or delivery of services in relation to actual need: the problem of overcapacity in many large industries.

overcapacity [ˌəʊvəkəˈpæsɪtɪ]
n
the situation in which an industry or business cannot sell as much as it produces
Translations
overcapacity [əʊvərkəˈpæsɪti] n (= surplus production) → surcapacité f


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Earlier this month, China launched its latest attempt to rein in industrial overcapacity targeting key sectors, chief among them steel and cement.
Byline: Reuters BEIJING: China on Monday launched the latest in a long list of attempts to rein in industrial overcapacity to keep its fast-growing economy on an even keel and prevent investment from going to waste.
In a new report on the global reinsurance sector, Moody's Investors Service concludes that restrained demand, overcapacity and fragile market confidence point to a higher chance that credit support will weaken rather than improve over the next 12 to 18 months.
 
 
 
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