Beijing (Reuters) – Liu Shengzun, US Import Tariffs, Guangdong Lighting Products, and then a shoe maker, then a shoe manufacturer, then lost the tariffs of a shoe maker.
Tariffs fell sharply this week, but Liu refused the factory work and is now in the south of China.
“It was very difficult to find continuous employment this year,” said 42-year-old, as a factory employee 5000 – 693- $ 832 ($ 832) and now there is no source of continuous income. “I can only give food.”
After the last weekend, the US-China Trade War, the US-China Trade War, Pekin prevents a nightmare scenario: the ruling communist party, the ruling Communist Party, showed as a basis to maintain legal and consequence.
However, this year, US tariffs remain high enough to damage 145% of the economic damage and genuine talks and slow the Chinese growth and say Chinese growth, economists and policy consultants.
“He won for China,” said a policy adviser, talks about the conversations about the sensitivity of the subjects. “Factories will not be able to resume operations and help maintain public stability.”
However, China still welcomes the difficulties of 30% of the United States at the beginning of the positions.
He added that “30% is difficult to do business.” “With time, there will be a load in China’s economic development.”
Before the meeting in Switzerland, Beijing has increased internal signals, including internal signals, including furniture and toys to prevent paralysis of Chinese companies.
Now there are some flexibility.
SOOCHOW estimates that the number of work under the risk is less than 1.5-6.9 million, which is less than 1.5-6.9 million in the lower than 1.5-6.9 million in the low-risk decline in securities.
Alicia Garcia-Herrero, Natixi’s President Asia Pacific economist, estimated that triple digital tariffs could cause 6-9 million job losses. Current tariff levels triggers 4-6 million from 4-6 million to 4-6 million jobs, if the tariffs lands 20%, 1.5-2.5 million works are lost.
China’s 2025 economic growth in the most optimistic scenario can collect by 0.7 percentage points, 1.6 points or conflict under current tariffs return 2.5 points when returning to the intensity of April.
“When you raise the tariffs to such a high level, many companies decide to start employing and starting returning home,” Garcia-Herrero.
“In 30%, I doubt that they will say, they return. Because he is still high,” he said. “Maybe the Chinese government, Woe, it was amazing. But I think that many companies are not sure that this is going to work.”
‘Unstable’
Government consultants are trying to reduce production work using the Central Bank using a higher bank in the financial resources that are higher public investment and new jobs in the Central Bank can be established.
Last week, the Chinese People’s Bank presented a new tool to provide cheap funds for serving services and adults among other incentives.
“About employment, the most important driver will increase the growing investment in the government, which increases the decision of corporate investment, which is still rising,” he said.
Beijing will try to maintain a budget deficit rate of about 4% on March, but a higher situation “If a serious situation is caused,” he said.
The exact impact of the leash in the business market of last month is unknown. The study of a factory activity decreased in April, but analysts think that the potential for more than the absolute number of jobs is more concerned over a month.
Exporters have already returned the workforce to be competitive in transformation of risks to the deflation spiral.
“It’s hard to give a figure,” a second policy adviser gave information about the loss of work. “The economy is already weak and the tariff wares frost on the abdomen, but it is only frost.”
A large stumbling for the creation of Job, US President Donald Trump says the tariff policy, the careful of exporters and analysts.
Li Qiang was a group of 20 people who lost their work in a company that exports the pneumatic cylinders used in industrial machinery and used by other companies, a mediator, exporting pneumatic cylinders.
His company was closed after the US orders of the United States, and in Japan, rivals were in a hurry to replace the American market.
Now Chengdu works as a walking driver in southwestern city and does not have plans to return to the export sector after the US-Chinese tension.
“Trump’s company’s policies may change at any time, which is working unstable in exported industries.” “I do not plan to make an effort to work in the export sector.”
($ 1 = 7.2109 Chinese Yuan Renminbi)
(Liangping Gao, Kevin Yao and Beijing newsroom; Additional report by Ellen Zhang in Beijing; Write by Marius Zaharia; to edit by Lincoln Holiday.)
