China jobs: as the iron rice bowl starts to crack amid mounting debts, can civil servants still put bread on the table?
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
With revenues from land sales falling by more than 20 per cent last year amid mounting debt, local governments in China are being forced to scale back public services, with the job security once offered by public sector or state-owned firms under pressure.