China’s sluggish economy and strict zero-Covid policy have hit low-income earners hard. Photo: EPA-EFE
Coronavirus knocks back China’s ‘incremental’ gains in closing urban-rural wage divide
- Before the first Covid-19 outbreak in 2020, the wages of China’s high, middle and low-income earners were growing at roughly the same level
- Afterwards, low-income wage growth fell 8 percentage points to near-zero, double the rate of decline among high and middle-income groups
China’s sluggish economy and strict zero-Covid policy have hit low-income earners hard. Photo: EPA-EFE
