Chinese companies plan to ramp up hiring in the coming year as the economy rebounds and operations return to normal following the end of Covid restrictions, S&P Global said, reports Caixin.
The net balance measuring whether Chinese firms project an increase in headcount over the next 12 months was 11% in February, the highest level in eight years, according to an S&P survey. That compared to just 2% in the last survey conducted in October.
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