This could be propaganda, but if there is any truth to it, then the world is going into a serious downturn. The below report says that migrant workers in China are going home early, well before the Chinese New Year as there is no work. These workers are itinerant day workers, they work in places like restaurants and construction sites. They drive the Chinese economy.
Migrant workers come from the rural areas into the cities. Their incomes keep their families back in the villages alive. Their early return is a serious problem as they boost the population in rural areas, and they must be fed. This leaves less food crops to be sold.
Seeing this, I thought Australia is in serious trouble too as they rely on China buying their mine output. Currently, Australia is desperately promoting itself to try and keep immigrants coming in, bringing their skills and money with them. New Zealanders should think very carefully about whether going to Australia is a good idea because if their economy does collapse, there will be no lifeline for them, and the NZ government will not pay for them to come home.
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