How to get a job in China’s fast-growing economy
The United States is the biggest employer of expats in China, with nearly 1.3 million foreign workers and more than 7,000 American expats working in the country.
The country has seen its population grow by over 5 percent annually since 2000.
In 2018, the U.S. economy added 2.3 percent to its GDP.
Here are five things to know about expats and the economy.
Most Americans are expats.
More than 80 percent of the U,S.
population is from one country or the other.
China is the largest foreign-expatriate nation in the world.
More people from abroad than Americans live in the United States, and a majority of U.A.E. residents say they are Chinese, according to a survey from the Pew Research Center.
In 2016, China was ranked the number one destination for U.T. graduates, with some 40 percent of graduates saying they planned to work there, the highest proportion in the Organization for Economic Cooperation and Development.
The U.K. and the Netherlands were ranked second and third, respectively.
Two other Asian countries, Singapore and Japan, were ranked third and fourth.
Most of those expats are Americans.
China has the world’s largest expat population with more than 80 million expats living in China.
About 10 percent of U,T.
students and 9.5 percent of expat graduates live in China and have permanent residency status.
In 2020, more than a quarter of U.,T.
residents had permanent residency, according the American Council on Education.
About 25 percent of Chinese citizens live in Canada, the second-largest U.N. donor, and 22 percent in the U.,S., according to the U.’s Office for National Statistics.
The Chinese are paying for it.
A report from the International Monetary Fund released in January 2018 said that a third of U and T students who come to China are forced to pay a portion of their education upfront, which costs them about $4,000 a year.
They also have to pay for housing and other expenses that can run into the tens of thousands of dollars.
The study estimated that a quarter-of-a-million people from the U and U.s. would be forced to give up jobs to make ends meet.
In a report published earlier this year, China’s Ministry of Industry and Information Technology said the country’s student population is expected to reach 5 million by 2020, and another 1.5 million by 2025.
That would leave about 10 percent unemployed.
The economy is growing.
China grew by 6.6 percent in 2020, the fastest pace in the last four years.
That growth has been fueled by the country becoming more prosperous and more open to the world economy, according a report from Nomura Investment Research.
The world’s second-fastest growing economy is the U.; its economy grew 7.4 percent in 2016.
A U.M.F. study says the U.”s current labor market is not sustainable, particularly in terms of labor supply.”
About 1.8 million foreign-trained workers are needed in China each year to keep the economy humming.
The majority of them come from countries with large populations and economies that are relatively young and are less likely to experience the labor market challenges that are present in the rest of the world, such as the impact of globalization, according U.F.’s study.
The IMF has warned that China is likely to face a massive labor shortage this year.