Chinese consumers are turning to the lottery for money as the economy sputters and youth unemployment soars - Yahoo Finance

Lottery ticket sales in China rose 53.6% in August from a year ago, finance ministry data shows. That coincides with high youth unemployment, which stood at 21.3% when last reported in June. "The ... Read More

People in China are so worried about the economy they’re asking for divine intervention

The youth unemployment rate could get even worse as a record 11.6 million college students enter the already tough job market this summer, as the education ministry estimated earlier this year. Read More

China takes down economist's speech on youth unemployment pulling down country's economy - MSN

Also read: China stops releasing youth unemployment data amid disappointing economic figures The WeChat link where Gao's whole speech was posted, read on Wednesday, "This content is no longer ... Read More

China economic meltdown as youth unemployment soars and household wealth plummets - MSN

While youth unemployment still reached 18.8% in August, December's figure shows the rate dropping to 15.7%. This is still about three times the overall unemployment rate in China (5.1%) and ... Read More

$1.80 dinners and budget clothes? The spread of frugality is hurting China’s economy - Los Angeles Times

TAIPEI, Taiwan — China’s 1.4 billion consumers once spent with enough abandon to help drive the global economy. Now one of the hottest topics on Chinese social media is how to save money. Read More

How Will China Turn Its Economy Back On? The World Is About to Find Out. (Published 2022) - The New York Times

For months, investors and C.E.O.s waited anxiously for China to ease up on its Covid restrictions, which burdened the economy and were out of sync with the rest of the world. Read More

Chinese economy stays challenged but some consumer stocks offer potential: BOA - The Business Times - 商业时报

Despite improved market sentiment, the Chinese economy remains saddled by challenged consumption growth and elevated youth unemployment alongside deflationary pressures, BOA analysts noted in a report ... Read More

What liquor(?!) can tell us about the Chinese economy : The Indicator from Planet Money - NPR

If you regularly listen to The Indicator, you know China's economy is not doing great. Over the last few years, indicators like unemployment and local debt are up, and consumption and property ... Read More

Chinese consumers are spending less amid trade war : NPR

Chinese consumers have less and less confidence to splurge, which spells trouble for government efforts to jump-start consumer spending to offset deflation and mitigate the trade war with the U.S. Read More

Chinese consumers are turning to the lottery for money as the economy sputters and youth unemployment soars

Lottery ticket sales in China rose 53.6% in August from a year ago, finance ministry data shows. That coincides with high youth unemployment, which stood at 21.3% when last reported in June. "The ... Read More

Chinese consumers are turning to the lottery for money as the economy sputters and youth unemployment soars - Yahoo Finance

Lottery ticket sales in China rose 53.6% in August from a year ago, finance ministry data shows. That coincides with high youth unemployment, which stood at 21.3% when last reported in June. "The ... Read More