China's Young College Grads Toil in 'Ant Tribes'

January 8th, 2011
in Background

China Daily:  The dreams of many young educated Chinese are running up against the realities of China's rapid economic ascent. Rising living costs and low salaries—the result of a surfeit of university graduates—are dashing high expectations.

Follow up:

"I didn't want to be stuck in a small town forever, you know, like the frog in the well," says Liu, who comes from a coal city in the often frozen far north. "I dreamed of achieving success on my own terms in the big city."

One day he may. For now, Liu has joined the "ant tribe"—the millions of young Chinese so known for crowding together in slums in China's largest cities.  Read more at China Daily.....

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved