China’s labor market is undergoing structural changes, with a shrinking labor force and rising labor costs. Young people are reluctant to enter factories, and the international labor market is shifting to Southeast Asia and other places. Some analysts expressed concerns that China’s status as the “world’s factory” may end within a year.
China’s reputation as “world’s factory” is fading as the industry faces a harsh downturn. An increasing wave of original equipment manufacturers in China declared bankruptcy, shut down, or moved out of the country in the second half of 2014
Media exposure of bottled water standards in China revealed that the quality is far worse than tap water.
Following new cooling off policies by China’s State Council, the rapidly inflating real estate market in major cities has slowed.
Market analysts believe China’s economy has entered a debt crisis similar to the subprime mortgage risk that preceded the U.S. financial crisis.
Sometimes practitioners of Falun Gong would disappear from Masanjia Women’s Forced Labor Camp without a trace. Their clothes and other belongings would remain behind, but the practitioners could not be found. One inmate only fully understood what those disappearances meant after she had been released from the labor camp.
An online poll by a Chinese state media showed people have low confidence in the Communist Party’s leadership and reform policies.
One Falun Gong practitioner recently told The Epoch Times about what she saw and suffered at the notorious Masanjia Labor Camp
Money printing by China’s central bank is a cause of economic instability, experts say.
The debt owed by China’s corporations, in bonds and short-term loans, exceeds the GDP by over 50 percent, and is a credit bomb waiting to explode, experts say.
China’s labor market is undergoing structural changes, with a shrinking labor force and rising labor costs. Young people are reluctant to enter factories, and the international labor market is shifting to Southeast Asia and other places. Some analysts expressed concerns that China’s status as the “world’s factory” may end within a year.
China’s reputation as “world’s factory” is fading as the industry faces a harsh downturn. An increasing wave of original equipment manufacturers in China declared bankruptcy, shut down, or moved out of the country in the second half of 2014
Media exposure of bottled water standards in China revealed that the quality is far worse than tap water.
Following new cooling off policies by China’s State Council, the rapidly inflating real estate market in major cities has slowed.
Market analysts believe China’s economy has entered a debt crisis similar to the subprime mortgage risk that preceded the U.S. financial crisis.
Sometimes practitioners of Falun Gong would disappear from Masanjia Women’s Forced Labor Camp without a trace. Their clothes and other belongings would remain behind, but the practitioners could not be found. One inmate only fully understood what those disappearances meant after she had been released from the labor camp.
An online poll by a Chinese state media showed people have low confidence in the Communist Party’s leadership and reform policies.
One Falun Gong practitioner recently told The Epoch Times about what she saw and suffered at the notorious Masanjia Labor Camp
Money printing by China’s central bank is a cause of economic instability, experts say.
The debt owed by China’s corporations, in bonds and short-term loans, exceeds the GDP by over 50 percent, and is a credit bomb waiting to explode, experts say.