Abstract: | The U.S.-led global financial turmoil is weighing down China's real economy, which has relied heavily on exports of labor-intensive products for growth. China's employment suffers when the world economy succumbs to a recession. A large number of migrant workers in southeastern coastal areas are returning home because of factory closures and production suspension. Du Yang, a labor expert at the Institute of Population and Labor Economics under the Chinese Academy of Social Sciences, published an article in C... |