industrial overcapacity
China Offers Assistance to 1.8 Million Laid Off Steel and Coal Workers
Charissa Echavez | | Apr 18, 2016 08:52 AM EDT |
The Chinese government revealed on Saturday its general plans to steel and coal workers who recently lost their jobs, saying assistance includes early retirement, career counseling, and help in starting up a business.
EU Nations Clash Over Anti-Dumping Tariffs on Chinese Steel Imports
Carlos Castillo | | Mar 04, 2016 06:00 AM EST |
The European Union (EU) is struggling to find balance in its relations with China amid a dispute among members over anti-dumping tariffs levied on steel products from the Asian country.
China to Layoff 1.8 Million Workers From Coal, Steel Sector
Charissa Echavez | | Feb 29, 2016 12:18 PM EST |
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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