The Financial Times explores the lives of those affected by the ever changing Chinese economy in a documentary film, published this week.
“The End of the Chinese Miracle” features the real life stories of those who have been affected by the slowing economy and a dwindling labour force as businesses seek alternatives to rising costs, including bringing staff in from Vietnam and relocating factories to south east Asia.
The 15-minute documentary can be viewed here: https://youtu.be/t487ILVf87k
A trailer can be viewed here: https://youtu.be/4b-av1A_SyQ.
The revealing short film, narrated by Financial Times’ Asia Editor Jamil Anderlini, examines how the seemingly limitless wave of cheap labour that helped propel the extraordinary boom in its economy since the 1980s is coming to an end. It features the real life stories of those who have been affected by the slowing economy as businesses seek alternatives to rising costs and migrant workers move back home.
The end of the China’s migrant miracle is expected to see it slow even more with serious implications for the global economy. Countries that have relied on China’s insatiable demand for raw materials are facing a crisis. If the slowdown continues it could push the whole world in to a fresh economic crisis. Further reporting on the state of the Chinese economy and the end of the migrant miracle can be found on the Financial Times website. The End of the Chinese Miracle is part of an intensified focus on video at the FT, which also produced “Big Game, Big Money“, a documentary exposing the multi-billion-dollar illegal wildlife trade.
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