China needs us to buy from them, they are in a slow down, they have been having layoffs since last yr. we don't really need them. The President knows this.
https://thediplomat.com/2019/02/chin...ts-employment/
The layoffs in the internet industry are visible, but the mass job losses in the manufacturing industry have not attracted enough attention. China’s manufacturing industry is sending out a series of worrying employment signals: Foxconn, the contract manufacturing giant, is reportedly set to cut 340,000 jobs worldwide and cut RMB 20 billion (around $3 billion) in spending in 2019. In November, a study of Tencent Technology found that Foxconn had less time for overtime work. According to a worker at Foxconn’s Shenzhen Guanlan Technology Park, the queue time for a meal was more than 20 minutes during the peak period of 130,000 to 140,000 workers in the factory last year; however, since the number of workers has been reduced to 70,000 to 80,000 recently, remaining employees don’t have to wait that long for a meal. “In the past, thousands of workers flowed in and out every day, but now, there are thousands of people leaving every day, but the factory is not hiring anymore,” the worker recounted.
And as new college graduates flock to the job market, the pressure on total employment will also increase. Lu Aihong, the spokesperson for the Ministry of Human Resources and Social Security, said recently that the number of college graduates in 2019 is expected to be 8.34 million, an increase of 140,000 over the previous year.
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