Chinese Firms Haven’t Been This Eager to Hire in Eight Years, Survey Shows

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.

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.