摘要
Widespread concern exists both at home and abroad over potential layoffs accrued in China’s current cycle of cutting overcapacity.The coal,iron and steel industries are bearing the brunt of the ongoing capacity reduction campaign,with the number of employees pending resettlement estimated at 1.8 mil ion. However,such concerns may be unnecessary partly because the Chinese Government won’t allow huge layoffs
Widespread concern exists both at home and abroad over potential layoffs accrued in China＇s current cycle of cutting overca- pacity. The coal, iron and steel industries are bearing the brunt of the ongoing capacity reduction campaign, with the number of employees pending resettle- ment estimated at 1.8 million.
