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  Muzi.com: Muzi (English): Gallery: Business: Business Activity: Layoffs:
  Layoffs:China [1p.8n]
updated: 2009-12-09

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Chinese job-seekers advertise their job skills at a street corner in the northeastern city of Harbin May 22, 2004. Once the crown jewel of the centrally planned economy, today the northeast is China's rust belt. It is rapidly becoming a source of labor for the rest of China. Leaders in Beijing, who value stability above all else, fear more job losses in the northeast could lead to wider social unrest, threatening a decade of breakneck national economic growth and even the Chinese state itself.

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