The FT market in China is in turmoil. New visa regulations, if strictly enforced, will disqualify more than 50% of the teachers at large chain schools, and a smaller but significant percentage of FTs at universities and public schools will also be dismissed. How the domestic education market will respond is anyone's guess, given China's provincial discretion, the enormous illegal employment market, the 'guangxi' of employers, and the slow learning curve of FAO departments.
What is certain is this: if you are a citizen and current resident of one of the approved English native-language countries and you have a 4 year college degree from that country and you have two years or more working experience, the opportunities to teach in China have never been better or more numerous.
But beware: agencies will be hungrier and more ruthless than ever. Ignore them. Use your google and google translate skills and contact schools directly. Your favorable response rate will likely be enormous.