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| China-Japan-Koreas |
| China's Slowdown Is Starting to Hit Where It Hurts: Employment |
| 2019-02-04 |
| h/t Instapundit [TheDiplomat] The growing downward pressure on China’s domestic economy has made the employment situation particularly grim. At a meeting in July 2018, the Chinese Communist Party’s Politburo analyzed the current economic situation and proposed stabilizing employment, finance, foreign trade, and investment to tackle external changes and ensure stable economic operations effectively. Within that list, the Politburo ranked "stabilizing employment" as the first and most important task. In addition, the report of the 19th National Congress of the CCP also stated that employment is pivotal to people’s well-being, noting that instability in employment will affect the standard of living and may ultimately affect social stability. |
| Posted by:g(r)omgoru |