DSUM - Chinese Internet Searches Signal A Weakening Economy
There’s no end in sight to the trade war between the US and China.
Beijing has many tricks up its sleeve. But China’s labor market has its own dynamic.
The first signs of Chinese economic weakness are showing up.
A Deteriorating Job Market
From my friends at Gavekal Dragonomics, written by Ernan Cui:
China’s job market is proving to be an early casualty of the US-China trade conflict. Layoffs in manufacturing accelerated over the second half of 2018 as US tariffs fell into place, and job losses have now matched the pace seen during