Chinese internet-based service companies, which served as the employment backstop in the last economic down, have themselves fallen on hard times, only adding fuel to rising lay-off worries. Illustration: Brian WangChinese internet-based service companies, which served as the employment backstop in the last economic down, have themselves fallen on hard times, only adding fuel to rising lay-off worries. Illustration: Brian Wang
Chinese internet-based service companies, which served as the employment backstop in the last economic down, have themselves fallen on hard times, only adding fuel to rising lay-off worries. Illustration: Brian Wang

China’s gig economy losing ability to absorb laid off factory workers

  • Ride-hailing service Didi Chuxing, online food delivery platform Meituan Dianping as well as streaming services like Huya, Douyu and Kuaishou face challenges
  • New economy’s ability to absorb unemployed workers from other industries hampered by economic slowdown, saturation of markets and tighter regulations

Topic |   China economy
Chinese internet-based service companies, which served as the employment backstop in the last economic down, have themselves fallen on hard times, only adding fuel to rising lay-off worries. Illustration: Brian WangChinese internet-based service companies, which served as the employment backstop in the last economic down, have themselves fallen on hard times, only adding fuel to rising lay-off worries. Illustration: Brian Wang
Chinese internet-based service companies, which served as the employment backstop in the last economic down, have themselves fallen on hard times, only adding fuel to rising lay-off worries. Illustration: Brian Wang
READ FULL ARTICLE
Close
We need your support

Advertising helps us continue to provide quality content. Help support us by disabling your adblocker on our site.

How to whitelist us:
  1. 1
    Click on the AdBlock icon at the top right corner of your browser.
    For iOS, go to Settings/Safari/Content Blockers and turn it off.

    For Android, go to your Ad blocker app/Settings and turn it off.
  2. 2
    Click Enabled on this site until the text reads Disabled on this site.
  3. 2
    Click the cross icon on the top right corner to close this window and refresh the page.
  4. 3
    Click the cross icon on the top right corner to close this window and refresh the page.