CHINA TOPIX

5 to 6 Million Workers in China Could Lose Jobs in Next 3 Years, Says Report

Carlos Castillo   |

Mar 02, 2016 04:15 AM EST

Five to six million state workers in China could lose their jobs over the next two to three years as Beijing buckles down to address industrial overcapacity and weed out inefficiency amid broader efforts to restructure the country's economy, reliable sources have said.