Can China count on its state-owned companies to boost ailing employment?
  • China’s state-owned enterprises came to the rescue in the 2008 financial crisis to ensure that employment levels were maintained even as global trade was collapsing
  • Salary cuts and lay-offs are on the rise in manufacturing and technology-related industries, but China wants to create 11 million new urban jobs this year
25 Mar 2019 - 10:53PM