Rise in China job openings points to a stabilizing economy

The number of jobs posted on a major job recruitment site in China surged 53% year-on-year in July, pointing to a robust job market even as new graduates launched their hunt for work. Zhaopin.com's latest figure tops average gains of 45% for the past 2½ years, indicating a stabilizing economy and perhaps relieving Beijing of pressure to stimulate the economy.

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