The most-feared outcome of the economic fallout caused by the coronavirus pandemic is mass lay-offs, as job creation and employment are key policy objectives for any government under any political system.This is all the more so for China’s ruling Communist Party, as its legitimacy of rule is largely based on its capacity to deliver growth and raise people’s living standards under an undemocratic system.However, the leadership will soon have to deal with its most severe challenge as China…
from South China Morning Post https://bit.ly/3ewiO5q
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Sunday, April 19, 2020
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What might affect more people than the coronavirus? Unemployment in China
What might affect more people than the coronavirus? Unemployment in China
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