The survey indicates, that on average, more than one applicant applies for each position, with the current ratio of 0.99 down sharply from 1.39 in the third quarter of 2018. Photo: Xinhua

Foreign firms in China cut new jobs by 25 per cent in third quarter in sign of decoupling, study shows

  • Survey by the China Institute for Employment Research (CIER) and job search website Zhaopin suggests firms are becoming more cautious amid the US trade war
  • Results contrasts the overall stable employment situation suggested by the official data, which showed China has created 10.79 million new jobs this year
Topic |   China economy
The survey indicates, that on average, more than one applicant applies for each position, with the current ratio of 0.99 down sharply from 1.39 in the third quarter of 2018. Photo: Xinhua
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