Nikkei reports Chinese companies are starting to curb hiring in 2019

Japanese press reports on a small survey (30 firms present at job fairs in the neighbouring cities of Shanghai, Kunshan and Suzhou last week)

  • 10 plan to cut back or freeze hiring in 2019 from a year earlier
Bear in mind that is a very small sample, but the Nikkei does add:
  • Late February is normally the busiest season for job hunting and hiring in China

More:

  • a job fair at a Kunshan career center last Thursday was nearly half empty
  • Only 80 companies, mostly manufacturers, participated as many gave up on hiring or left booths unattended with only their names displayed.
  • Suffering from trade tensions, suppliers of liquid-crystal displays and smartphone components in particular plan to cut back on hiring. 
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