Industry Collapse Threatens to Hollow Towns
AUSTRALIA, AUG 4 – A McKell Institute report warns China's industrial subsidies threaten 73,000 Australian refining and smelting jobs, urging federal intervention to protect key regional industries.
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Thousands of Aussie jobs in danger from China spending splurge
Thousands of Australian manufacturing jobs are at risk as China spends billions of dollars subsidising its flagging economy, new research warns.A report released today from the McKell Institute think tank found China is now spending more on industrial subsidisation than on defence.The move is designed to bolster Chinese manufacturing industries, including the refined metals sector, and stop business from heading overseas.READ MORE: Man falls to…
·Australia
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