China’s efforts to reduce overcapacity in the solar manufacturing sector looks to have yielded the first results as domestic firms narrowed their losses in the third quarter. The solar manufacturing industry in China slashed total losses by 46.7% in the third quarter from a quarter earlier, according to the China Photovoltaic Industry Association. The industry still booked a total loss of $912 million (6.422 billion Chinese yuan), per a presentation by the Wang Bohua, honorary chairman of the association, as carried by Reuters. …