HONG KONG -- Strains are emerging in China's job market about a month into the country's full-on tariff war with the U.S., testing Beijing's determination not to cave to the pressure from Donald Trump's trade policy.
From shoes to furniture, reduced orders force furloughs and pay cuts
A shoe factory in Putian, in China's Fujian province. U.S. President Donald Trump's high tariffs on Chinese goods have begun to depress orders and strain thin profit margins, hurting employment. © Reuters
HONG KONG -- Strains are emerging in China's job market about a month into the country's full-on tariff war with the U.S., testing Beijing's determination not to cave to the pressure from Donald Trump's trade policy.