Sunday, 22nd, 2024 | 4:27PM Updated

China has laid off hundreds of workers and closed several companies due to overcapacity in the steel industry.
China's Overcapacity Solution Fuels Higher Unemployment Rate

A worker loads coal on a truck at a depot near a coal mine from the state-owned Longmay Group on the outskirts of Jixi, Heilongjiang Province, China, Oct. 24, 2015.
China’s Coal Miners Get Holiday Due to Oversupply: Reports

Experts say that the program for the coming five years will focus on controlling coal consumption, stabilizing the use of oil and gas, and increasing the use of wind and solar power.
Shanxi's Government Relocates Residents Affected by Underground Coal-Mining

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