Posted on Jul 30, 2018
China’s two big mistakes in trade war may lead to middle-income trap
1.91K
7
4
5
5
0
China
European Union
Japan
United States
International Trade
Posted >1 y ago
Responses: 3
1
1
0
0
0
0
They are also running out of cheap labor as the single baby family style has taken hold. Many of the workers who came in from the countryside are now planning to quit the factories and return home..
(0)
(0)
Sgt Wayne Wood
Lt Col Charlie Brown China still has a surplus of workers and a dearth of career-worthy jobs.
Folks go to the cities hoping for a better life... they return to the villages when they find the cities are even worse. No infrastructure, no support or social programs, sweat-shop jobs...
A veritable workers paradise
Folks go to the cities hoping for a better life... they return to the villages when they find the cities are even worse. No infrastructure, no support or social programs, sweat-shop jobs...
A veritable workers paradise
(1)
(0)
0
0
0
Read This Next
Continue with Facebook 
Continue with Google