China's Shrinking Foreign Trade Triggers Large-Scale Unemployment Wave | Supply Chain Transfer

China's Shrinking Foreign Trade Triggers Large-Scale Unemployment Wave | Supply Chain Transfer

China's Shrinking Foreign Trade Triggers Large-Scale Unemployment Wave | Supply Chain Transfer

Due to the transfer of the industrial chain and a significant reduction in export orders, factories in the Pearl River Delta Economic Zone and the Yangtze River Delta Economic Zone, which are the most active economic regions in China, have been forced to close down, relocate or reduce production on a large scale. This has not only led to a large number of manufacturing workers losing their jobs but also caused a downturn in surrounding industries.

On March 6th, large numbers of rural workers gathered at Guangdong South Station and Dongguan East Station, waiting to return home. A similar phenomenon occurred in Shenzhen and Beijing earlier. In the past, this time of the year was when rural workers would return to the city to work after the Lunar New Year. However, they are now going in the opposite direction. In the video clip, it is explained that after the Lunar New Year, they are returning home because they couldn’t find work. As there were too many people, one train departing from Dongguan was unable to depart due to severe overcrowding.