China’s avalanche of export orders cut workers’ hourly wages to 26 yuan-Free Finance and Economics
China’s export orders have avalanche, and empty containers are piling up like mountains. (picture taken from Chinese social platforms) [Financial Channel/Comprehensive Report]The two pillars of China’s economy – real estate and foreign trade have both collapsed. The recruitment of electronics supply chains in South China and East China has been greatly reduced. There is a … Read more