News
Letzte Aktualisierung: August 15, 2022
Exodus of foreign workers
One in four foreign employees at German companies has left China since 2019. This is according to a survey by the China Chamber of Foreign Trade (AHK). The government's Covid policy and higher wage levels are cited as the main reasons for the exodus. For one in three companies, visa restrictions on foreigners are a reason to hire more local workers. 22 percent of companies plan to further reduce the number of foreign workers. Nearly 42 percent say they want to cut jobs overall. The AHK surveyed 446 companies for its "Labor Market and Salary Report". nib
