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China Daily | Updated: 2015-11-10 08:02

Second wave of laid-offs

第二轮下岗潮 (dì'èrlún xiàgăng cháo)

A senior researcher on employment at Renmin University of China, Zeng Xiangquan, said at a recent forum that China faces quite high unemployment pressure, and as State-owned enterprises merge and restructure they might "lay off" large numbers of workers as they did in the late 1990s.

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