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The Start Of China's Unrest? Southern China City Rocked By "Massive" Bomb Explosions, At Least 6 Dead
Submitted by Tyler Durden on 09/30/2015 09:52 -0400
Over the weekend when we reported that one of China's largest coal miners had laid off 100,000, or 40% of its workforce, we noted that China's hard-landing is starting to hit where it really hurts: employment, or rather the lack thereof, and the one logical consequence: "now, many migrant workers struggle to find their footing in a downshifting economy. As factories run out of money and construction projects turn idle across China, there has been a rise in the last thing Beijing wants to see: unrest."
Moments ago we may have witnessed the first direct, and deadly, manifestation of this unrest when as Xinhua reported, a series of at least 17 "massive" explosions rocked the southern Chinese city of Liuzhou earlier today, killing at least six people and injuring more than a dozen, state media reported.
http://www.zerohedge.com/news/2015-09-30/start-chinas-unrest-southern-china-city-rocked-massive-bomb-explosions-3-dead
Submitted by Tyler Durden on 09/30/2015 09:52 -0400
Over the weekend when we reported that one of China's largest coal miners had laid off 100,000, or 40% of its workforce, we noted that China's hard-landing is starting to hit where it really hurts: employment, or rather the lack thereof, and the one logical consequence: "now, many migrant workers struggle to find their footing in a downshifting economy. As factories run out of money and construction projects turn idle across China, there has been a rise in the last thing Beijing wants to see: unrest."
Moments ago we may have witnessed the first direct, and deadly, manifestation of this unrest when as Xinhua reported, a series of at least 17 "massive" explosions rocked the southern Chinese city of Liuzhou earlier today, killing at least six people and injuring more than a dozen, state media reported.
http://www.zerohedge.com/news/2015-09-30/start-chinas-unrest-southern-china-city-rocked-massive-bomb-explosions-3-dead
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