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12/22/2024 07:44:05 pm

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China's coal and steel sectors are expected to layoff 1.8 million workers

China to Layoff 1.8 Million Workers From Coal, Steel Sector

China is expected to lay off 1.8 million workers from its coal and steel sector to lessen industrial overcapacity but no definite timeframe has been given, an official from the ministry of human resources and social security revealed on Monday.

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