One Reply to “It’s probably nothing”

  1. http://www.reuters.com/article/us-china-economy-layoffs-exclusive-idUSKCN0W33DS
    Exclusive: China to lay off five to six million workers, earmarks at least $23 billion
    The overall figure is likely to rise as closures spread to other industries and even more funding will be required to handle the debt left behind by “zombie” state firms.
    The term refers to companies that have shut down some of their operations but keep staff on their rolls since local governments are worried about the social and economic impact of bankruptcies and unemployment.

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