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China's economy is in trouble - and its youth unemployment crisis is at the heart of the problem
China's economy is in crisis – and the nation's youth unemployment problem could be at the root of its current troubles, according to Northwestern University economist Nancy Qian. "To stem the ... Read More
China’s Youth Unemployment Crisis: Is It Turning Into a New ‘Employment Ice Age’?
Analysts draw parallels between China’s current youth unemployment crisis and Japan’s youth employment decline following the collapse of its bubble economy in the early 1990s. At that time ... Read More
China suspends youth unemployment data after record high
China has stopped releasing youth unemployment figures ... Another issue causing major concerns about China's economy is its crisis-hit property market. On Monday, China's largest private real ... Read More
China youth jobless rate falls for third straight month
Joblessness among the youth in Chinese cities eased for a third straight month in November after reaching its highest this year in August, official data showed on Wednesday. Read More
Educated Gen Zers in China are choosing not to work. It could be a problem for the US economy.
It's a growing problem ... world's second largest economy's financial stability. On top of that, China can't seem to get its young college graduates into the workforce. The youth unemployment ... Read More
China's economy is in so much trouble that even Xi Jinping's admitting that businesses are having a 'tough time'
China's economy grew 3.0% in 2022 in one of its worst showings in half a century, as the country contended with intense COVID-era restrictions, and a property crisis that dragged into 2023. Read More
Two critical online views on China's economy vanish ahead of policy meeting
A bearish commentary by a prominent economist on China's weak consumption, unemployment and "dispirited" youth that went viral on social media has vanished from the country's tightly controlled ... Read More
China's economy is flailing. Here's how its problems could spill into global markets.
But the opposite has happened, and experts say the repercussions of China's economic stumbles could reverberate well beyond its borders. The world's second-largest economy looks strikingly weak ... Read More
China’s economy is in for another rough year
E ACH DECEMBER China’s rulers gather for their Central Economic Work Conference, where they review the past 12 months and preview the tasks they face in the year ahead. It is a useful exercise, even ... Read More
China’s youth-jobless rate hovers above 17% for fourth consecutive month
China’s urban youth unemployment rate ticked down in October ... as opportunities are not growing at the same pace as the economy transforms, increasing anxiety in the build-up of challenges ... Read More
If China’s statistics can’t be scrutinised, doubts about the economy will only grow
In 2023, China’s National Bureau of Statistics stopped publishing youth unemployment data after ... Given the current size of its economy, a GDP growth rate which falls short of the 5 per ... Read More
‘Rotten-tail kids’: China’s rising youth unemployment breeds new working class
BEIJING--Rising unemployment in China is pushing millions ... students graduated this summer in an economy still weighed down by its real estate crisis. President Xi Jinping has repeatedly ... Read More
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