Archive for the ‘Guangdong province’ Category

Economic Slowdown Already Sees 600,000 Chinese Migrants Relocate

January 8, 2009

About 600,000 migrant workers left south China‘s industrial heartland last year as the economic crisis caused exports to shrink and forced factories to close, a senior official said Thursday.

The number of migrants departing Guangdong province, one of the world’s top makers of toys and electronic appliances, accelerated through 2008 as the global situation worsened, said provincial deputy governor Huang Longyun.

by Peter Harmsen, AFP

About 600,000 migrant workers left south China's industrial ... 
About 600,000 migrant workers left south China’s industrial heartland of Guangdong last year as the economic crisis caused exports to shrink and forced factories to close, a senior official has said.(AFP/Peter Parks)

“This year the situation is more serious than at any other time since the start of the decade, indeed since the Asian financial crisis,” he told a briefing in Beijing, referring to regional turmoil that broke out in 1997.

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http://news.yahoo.com/s/afp/20090108/bs_afp/fina
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