IT’s college graduation season in China and the timing couldn’t be much worse for the record-breaking 8.34 million students emerging from university this year. A slowing economy, hobbled further by the trade war, has produced the worst Chinese job market since at least 2015. Among the hardest hit will be the aspiring white-collar workers just now throwing off their caps and gowns. Applicants far outnumber jobs in big cities and salary expectations simply aren’t being met.
In recent days, state media has warned of a “very complicated and severe situation.”
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