Comment on One of the biggest trends in China is slowing down — and its a bad sign for the economy

One of the biggest trends in China is slowing down — and its a bad sign for the economy

Thomson ReutersWENZHOU, China/HONG KONG (Reuters) - After two decades trying to make a life in China's entrepreneurial city of Wenzhou, Ji Shouquan and his brother Shoufang are ready to head home. They say they have no hope of stepping onto the city's housing ladder and it is getting more difficult to earn a decent wage. China is relying on millions of internal migrants taking up jobs in cities to boost the urban population and consumption.

 

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