China counts the cost of coal and steel layoffs
FT News in Focus

China counts the cost of coal and steel layoffs

2017-11-22

China is cutting millions of jobs in the coal and steel sectors in a long-delayed restructuring that aims to scale back unprofitable state-owned enterprises and upgrade the country's manufacturing sector. The FT's Emily Feng talks to Jyotsna Singh about the social and political cost of the lay-offs.

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