China’s employment picture is bleak – and the whole workforce, across all ages and income levels, is having trouble seeing a way forward
When his chemical company laid off a third of its team, Liang Wang felt a mix of emotions: relief that he was not among them, but dread that more cutbacks would soon be on the way.
Liang, a corporate culture director based in Dongguan – a manufacturing hub in the southern province of Guangdong – was able to keep his job, but had to take a steep pay cut.
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