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Bloomberg

China Unemployment May Increase on Global Slowdown, S&P Says

February 08, 2012, 6:38 AM EST

By Shamim Adam

Feb. 8 (Bloomberg) -- China’s unemployment in the manufacturing and exports industries may rise in the event of a slowdown in the developed economies, Kim Eng Tan, senior director for sovereign-debt ratings at Standard & Poor’s in Singapore, said in a conference call today.

To contact the reporter on this story: Shamim Adam in Singapore at sadam2@bloomberg.net

To contact the editor responsible for this story: Rina Chandran at rchandran12@bloomberg.net

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