The Chinese government announced this week that over 25 million rural residents, most of them migrant workers who travel to industrial cities for work, are unemployed. This is a huge increase in unemployment for a group that has enjoyed increases in their standard of living as China's export economy has boomed.
The government announced it is considering even more intense stimulus efforts to address the situation.
I'm not sure what impact this has on our business yet, but I sure am keeping my eye on developments. Here's a story from AFP on this situation.
http://www.google.com/hostednews/afp/article/ALeqM5jVtf5IJZ-RKUQWenCnyw3dRG97DA
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