Central Enterprises Layoffs Surge: Experts Warn of Re-Dividing Interests in State-Owned Sectors and Construction Industry Impact
Navigating the Storm: Unraveling the Impact of SOE Layoffs on China’s Economic Landscape Following the Chinese New Year holiday, a wave of layoffs at state-owned enterprises (SOEs) and central enterprises across mainland China has sparked widespread concern. Reports flooding social media detail widespread job losses, particularly impacting the construction industry, raising serious questions about the … Read more