China’s efforts to stimulate its economy this week received a mixed reaction, but what everyone agrees on is that the Chinese government needed to do something to stop the economic rot.
For ordinary people, one the clearest signs of an economy in trouble is falling wages. In China, internet forums are full of people anxiously posting about salary cuts.
Jessica SierNorth Asia correspondentJessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
