US EditionMany Places in China Are Reported to Have Salary Cuts, with Civil Servants and White-Collar Workers in Central Enterprises Being the First to Be Affected
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As China's economic environment continues to deteriorate, since the beginning of 2025, government agencies and state-owned enterprises in Beijing, Zhejiang and other places have once again announced salary cuts, affecting civil servants, white-collar workers in central enterprises and even employees of private enterprises. Almost all families are "tightening their belts." The sharp decline in income has spread from offices to vegetable markets, …
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