this post was submitted on 17 Nov 2025
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800 million: how a new target indicates a shift in China’s economic strategy (www.scmp.com)
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Xiao Mei, a kindergarten teaching assistant living in the suburbs of Hangzhou in eastern China, has barely seen her income rise for three years and is not optimistic about her chances of getting a pay rise any time soon. Still, she counts herself as relatively fortunate. “At least I haven’t had my pay cut or lost my job,” she said, adding that several of her friends had suffered such setbacks recently. Earning around 6,000 yuan (US$845) a month – well below the local average of 13,500 yuan for...

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