China’s industrial sector includes mining, manufacturing and public utilities. Photo: AP
US trade war has cost China ‘almost 2 million industrial jobs’, investment bank CICC says
- Total losses of 5 million represent 3.4 per cent of total employment in the sector, according to China International Capital Corp
- Total is equal to 0.7 per cent of China’s overall labour force, but excludes the effects of May’s US tariff increases on US$200 billion of Chinese goods
Topic |
US-China trade war
China’s industrial sector includes mining, manufacturing and public utilities. Photo: AP