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China Job Needs Show Why GDP Slowdown May Be Tolerated: Economy

The slowdown in China’s economy isn’t making it any easier for Liu Fenglin to hire 10 experienced welders this year for his heating-equipment maker.

Liu has managed to find just three employees even with the economy in its deepest slowdown since the global financial crisis. “The scenario when migrant workers will throng around your desk after you hang the job poster is long gone,” said Liu, 46, whose company is in the southern city of Zhuhai. “It’s getting worse year by year.”