Jobs, instead of growth, will be the focus of China’s post-Covid-19 economy. The plight of the country’s millions of low-income workers is highlighting the gaps in China’s social safety net—and creating political fissures as well. A recent speech by Chinese Premier Li Keqiang has brought the stark contrast between the haves and have nots to the fore. Mr. Li said last month that 600 million people, or more than 40% of the country’s population, have an income of just 1,000 yuan ($141) a month. It is unclear how and when that...

Source: Wall Street Journal June 10, 2020 11:26 UTC