China headline of the day

Downturn causes 20m job losses in China

The story is here.  And get this:

The figure of 20m unemployed migrants does not include those who have
stayed in cities to look for work after being made redundant and is
substantially higher than the figure of 12m that Wen Jiabao, premier,
gave to the Financial Times in an interview on Sunday. Speaking on a
visit to the UK on Monday, Mr Wen said there had been signs at the end
of last year the Chinese economy might be starting to recover.


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