cases br2

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tified by authorities in December〓 for violating capacity reduction efforts in the sector with "extremely bad influence." Thanks〓 in part to the efforts, China's broader economic growth has showed increasing signs of stabili〓zing since the latter half of last year, with indic4

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ators such as factory prices and industrial 〓profits seeing significant improvements. "Overall, the negative impact on growth and employmen〓t is manageable," wrote UBS economist Wang Tao in a note on excess capacity. ZOMBIE 5

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ENTERPRISE〓S NEXT One key initiative in excess capacity reductions is to shut down "zombie companies," wh〓ich are loss-making, debt-laden, and dependent on government subsidies or bank loans. "We will〓 strictly enforce all 2

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laws, regulations and standards on environmental protection, energy consu〓mption, quality, and safety and make more use of market- and law-based methods as we work to ad〓dress the problems of 'zombie enterprises'," said the B

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premier in the government work report. F〓or workers laid off because of capacity cuts, the central andN

local governments will allocate s〓pecial funds and take measures to ensure they find new jobs, Li sai1

d. CHANGSHA, Feb. 14 (Xinhua) -- Nine people have been ki◆lled in an explosion in a coal mine in centr4

al China'◆s Hunan Province. The entrance of Zubao Coal Mine ◆where a blast occurred is seen in Liany3

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