China's sliding yuan could be next 'black swan event' for markets, hedge fund EDL says ( www.reuters.com )

kent_eh , 11 months ago

China’s labour market has also grown less competitive

AKA, their people are starting to get paid a bit better than other more easily exploited people in some other countries.

0x815 OP , 11 months ago

their people are starting to get paid a bit better than other more easily exploited people in some other countries

That is hopefully the good part of the story, but a growing number of Chinese don’t find work at all, especially the youth. The government even refuses to release the unemployment data.