China’s Labor Market Is Changing, but It Isn’t Because of a Trade War

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Despite President Trump’s claims that U.S. tariffs are putting millions out of work in China, economists say the country's labor market is mostly stable—at least for now

ZHUHAI, China—President Trump says U.S. tariffs are battering the Chinese economy, throwing millions of Chinese workers out of jobs—and pressuring the country’s president, Xi Jinping, to strike a trade deal.

The reality is more nuanced. It is clear that China, after decades of rapid development, is grappling with a slowing growth pace and weaker sentiment among businesses and consumers. The country’s official measure of urban unemployment was near a record in August.As the U.S.-China trade fight continues to escalate following another round of tariffs from the U.S. and retaliatory moves from Beijing, WSJ’s Gerald F. Seib takes a look at potential next steps in the negotiations.

 

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'Despite' is an utterly innaprproate word. It presumes some causal/logical connection to the statement and the world. There is none. China is not getting on 'despite' the sales pitch from the GOP. It's just getting on, regardless. Stop being so jingoistic

CCP given you how much money?

Lmao! The exponential growth, driven by investments and influx of new manufacturing companies relocated in the neighbouring countries of China proves that there is in fact decentralization in mainland China.

Like any other policy, you need to wait a while for it to take effect. China is coming 929GlobalantitotalitarianismMarch

fake news, shame on wsj

Tariffs are taxes on Americans who prefer foreign goods when they are made better than the suddenly after-tariff, superinflated prices of 'murican' goods. When American goods are made better and cheaper they will sell. Prices today are higher than the freemarket would demand.

Because China never fudges on their numbers.

Remember check the editor's name before reading an article no matter what media. Especially China related.

China is now the power house of global manufacturing Hub.any slow down of its growth will have cascading effects on its export countries incomes,employments,over production and recessionary situations,possibly global in nature, as once with US. What is to be done?UNGA to decide?

Are supply chains not moving out of China because of the tariffs? Then China is losing jobs

.nypost .NYDailyNews .PDChina Smoke and mirrors? Also... 100% reported employment during the Chairman Mao era, too. In a State run, State controlled, and State censored media...are all 'facts' logically suspect?

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