Top Zambia Textile Firm, Running by Chinese, Closing - BBC
From BBC News:
Hundreds of Zambian workers face losing their wages after a decision to close the country’s largest textile firm, the AFP news agency reports.
Huge losses led Zambia China Mulungushi (ZCMT), run by Chinese firm Quingdao Textile, to shut up shop temporarily while searching for new investment.
Some 700 workers are on unpaid leave until 31 March, leaving only 300 staff, said managing director Che Ming. Workers protested the decision, according to state radio reports.[Full Text]
