Chongqing’s economy grew just 6 per cent in 2018, its slowest pace since 1989, falling behind its own 8.5 per cent target, which has put huge pressure on the local government to keep the population employed. Illustration: Dennis Yip

Chongqing battles rising unemployment as China’s traditional industrial base follows nationwide slump

  • The economy in the landlocked city grew just 6 per cent in 2018, its slowest pace since 1989, falling behind its own 8.5 per cent target
  • Local government struggling to find jobs for residents and returning migrant workers who were laid off as the US-China trade war forced factories to downsize
Topic |   China economy

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Chongqing’s economy grew just 6 per cent in 2018, its slowest pace since 1989, falling behind its own 8.5 per cent target, which has put huge pressure on the local government to keep the population employed. Illustration: Dennis Yip
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