China Announcing 400,000 Steelworker Job Cuts
An estimated 400,000 steelworkers in China will lose their jobs, in line with plans to slash crude steel production capacity by between 100 million and 150 million tons. The announcement was posted Sunday on government web sites, and reports a decision made by the State Council on January 22 to cut steel, coal and other … Continue reading China Announcing 400,000 Steelworker Job Cuts
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