China Steel Plan Seen Spurring 400,000 Job Cuts, Instability
Bloomberg News - January 25, 2016 - 6:45 PM PSTUpdated on January 26, 2016 — 12:05 AM PST
China’s plan to slash crude steel production capacity could eliminate 400,000 jobs and may fuel social instability, according to the state-run metals industry consultancy..
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