News
Workers feel China's slowdown
Issued at 2016-02-18
Tweet
2015 marked the end of China's economic boom. Moderate growth in single digits, stock market turbulence, and a drop in consumer confidence. Beijing reacted to the shifts by devaluing the yuan, to make its exports cheaper. But there's a whole group of people the government can do little for - itinerant laborers, who make up a fifth of the population. They're the first ones to feel China's slowdown.
See a video about CLICKING HERE.
Source: DW.com
Tweet
Related News
- Auburn, Indiana, Welcomes Foundry Reopening
- Grey Cast Iron Production Cost Analysis for Strategic Manufacturing Decisions
- Prices for Brazilian pig iron rose by $15 per ton in November
- Stay Ahead in Nonferrous and Lightweight. Follow Diecasting & Nonferrous China 2026
- European Foundry Industry in Transition – New Opportunities Through the Defense Sector
- Global pig iron production fell by 4.4% y/y in October
- India sharply increased iron ore imports by more than 200% y/y in January-October
- EU plans to limit exports of aluminium scrap
- See all News
