• 11/10/2024

Chinese workers see biggest drop in hiring salaries on record

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Average salaries offered to new hires in 38 key Chinese cities fell 1.3 per cent to US$1,458 in the fourth quarter of 2023 from a year ago. China has seen salary cuts in various sectors due to regulatory crackdowns and strained public finances.

https://www.scmp.com/business/china-business/article/3247233/chinese-workers-see-biggest-drop-hiring-salaries-record?utm_source=rss_feed