China counts the cost of coal and steel layoffs
China counts the cost of coal and steel layoffs

China counts the cost of coal and steel layoffs

FT News in Focus


22.11.2017 • 7 Min.

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. Hosted on Acast. See acast.com/privacy for more information.