China's Returning Migrants Workers Face Bleak Prospects
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With the Lunar New Year holidays now behind them, millions of China's migrant workers are making their way back to jobs in the country's southern manufacturing hub. But many may find this return trip less-than-fruitful. Mounting piles of local government debt, a sharp drop in demand for their exports, and nagging inflation have left many factories fighting for their survival, and workers facing potential layoffs.