Reporter “Harassed” By Police After Exposing China’s “Dirty” Steel Secret

Fast forward to today when CNBC’s China reporter Eunice Yoon decided to check if Beijing had kept its promises that it was slashing steel production and excess capacity, by visiting a town that was reportedly “steel free.”

What happened next, as Yoon reports, is that just as soon as she discovered a steel plant in a town that was supposed to be “steel-free”, and that, drumroll, Beijing had lied once again, she was promptly escorted away by Chinese police as the local government had no interest in divulging to the world that as China was closing steel mills in one part of the country, it was quietly opening new plants in other parts of the country, or as she said: “Beijing may be reducing capacity here, but it’s moving it elsewhere.”