Dispatches From China

China has a labor shortage

How can a nation with 1.4 billion people, 800 million of whom are still living in rural poverty, have a labor shortage? It may seem like an odd question, but it is becoming a reality in certain segments and regions. The reasons vary but can be traced to two main areas: a fast-growing economy that needs more professionals and technicians than it can supply and the cost/quality of living in the eastern urban areas that dominated the first two phases of China’s development.

Read the latest Dispatches From China column in BizTimes Milwaukee here.

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

No posts to display