Understanding China, One Blog at a Time

An American in China

Chinese Brawl over Layoffs

Posted by w_thames_the_d on May 22, 2011

As inflation hits China and layoffs become more prevalent, China will have to decide how to deal with this issue. Common knowledge says that China needs to grow her economy at 10% per year or massiive layoffs will occur. China is fearful of having so many people unemployed and their prediction of a slipping growth rate is not good for moral nor a peaceful society. Here is a case in point…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: