Tag: Privatization

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Bowing to Protests, China Halts Sale of Steel Mill

Following protests in which workers took a government official hostage, managers of a steel plant in Henan have canceled plans to privatize. From the New York Times: The protests, in Henan Province in central China, were the latest sign of increasing labor activism in China’s steel industry, the world’s largest and a cornerstone of China’s construction-dependent economy. Three weeks earlier, rioti