Although China has seen massive growth in the economy over the last decade and it is usually thought that economic growth and job creation go hand in hand, it is not always the case, and it is not the case in China. This is because economic growth is bettered with increasing labour productivity and as labour productivity rises (Wolf,) the rise in employment that comes with GDP growth is lowered, thus causing less employment in the economy. This has happened in China. While China has 1.3 billion people which means that they have a huge supple of low cost labour ...
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