Old jobs die hard in China's rustbelt

Old jobs die hard in China's rustbelt Daqing, China (AFP) May 26, 2016 - Once the pride of Communist rulers and now hit by a global glut and slowing domestic growth, China's largest oilfield epitomises Beijing's reluctance to cut jobs at loss-making state-run operations. Thousands of oil pumps painted black, yellow and red stretch to the horizon in Daqing, which has produced more than two billion tonnes of the black gold since it started flowing almost 60 years a ... more

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