China fears grow over job losses
Unemployment is expected to rise next year as businesses close
China has said its employment outlook is "grim", amid worries that economic problems could lead to social unrest.
Unemployment is expected to rise next year as businesses close because of a lack of orders. Chinese leaders are already warning that an economic downturn could lead to further protests by those facing financial hardships. It could also undermine the Chinese leadership, whose legitimacy has been built on improving living standards. More...
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