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China's economy slumps in August, casts doubt on growth target
China's factory output and retail sales reported their weakest growth since last year in August, keeping pressure on Beijing to roll out more stimulus to fend off a sharp slowdown in the world's ... Read More
China youth unemployment hits record high since method revised
The government's jobless rate for people aged between 16 and 24 had soared to more than 21% in June 2023, after which the National Bureau of Statistics (NBS) paused its monthly publication ... Read More
China’s youth unemployment soars to 2-year high as job crunch deepens
China’s urban youth unemployment rate rose last month to the highest level since the data set was adjusted in 2023, as career prospects for young people have weakened amid an economic slowdown. The ... Read More
China’s youth unemployment is so bad that Gen Z job-seekers are paying $7 a day to pretend to work in an office
Like U.S. college graduates, China’s young professionals are struggling to land jobs—but instead of bed rot and doom spending, they’re paying up to $7 daily to pretend to work at faux offices. China’s ... Read More
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