There is talk of closing inefficient factories, the need to lay off perhaps as many as one million workers.
As realistic market pricing takes hold, inefficient factories will close and people will be thrown out of work.
The Chinese government is right to close inefficient factories and nudge workers into more productive employment.
Some Chinese economists contended that the move was indispensable in making the country's inefficient factories profitable.
The new restrictions on trade prop up inefficient factories and deny economies of scale to the efficient ones.
Made by dozens of small, inefficient factories, the bread loaves have no standard price.
It will mean bankruptcy for inefficient factories, often the worst polluters.
Another problem is high costs, partly because of outdated and inefficient factories.
However old inefficient factories were being shut down in textiles and leather goods.
The company also had to negotiate a volatile relationship with its landlord and an expensive and inefficient 96-year-old factory.