China jobs: is Beijing’s retreat from state-owned enterprise reform holding back job growth?

This is the second in a series of stories on China’s job market, looking at its history, the role of migrant workers, inequality and the future for its graduates entering the workforce.As former executive Tony Dong Bin started his first job in 1997, China’s government began its biggest ever reform of state-owned enterprises (SOEs), leading to tens of millions of full-time workers being laid off.In the late 1990s, less than a third of China’s SOEs were profitable, while state banks were watching…

Read the original article at South China Morning Post