Small businesses are cutting jobs and pay as they grapple with a host of economic challenges. Photo: AFP
Small businesses are cutting jobs and pay as they grapple with a host of economic challenges. Photo: AFP
China jobs

China jobs: facing lean times, small businesses dial back summer hiring

  • Small- and medium-sized enterprises in China, the backbone of the labour market, are imposing hiring freezes and slashing wages
  • For years, Chinese manufacturers worried about labour shortages over summer, but it is a different story in 2022, industry insiders say

Small businesses are cutting jobs and pay as they grapple with a host of economic challenges. Photo: AFP
Small businesses are cutting jobs and pay as they grapple with a host of economic challenges. Photo: AFP
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