CNBC

China's youth unemployment hits fresh high amid economic slowdown and restrictive hiring policies

By Lee Ying Shan@in/ying-shan-lee@LeeYingshan,

25 days ago

By Lee Ying Shan@in/ying-shan-lee@LeeYingshan,

25 days ago

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Glyn French

24d ago

Want a dose of communism? This is the predictable outcome of a communist command and control economy. The CCP has engaged in geopolitical activities that have caused other nations to question the wisdom of continued economic relationships with China. Add to that a failing housing market and poorly built infrastructure. The economic miracle of China is becoming a national nightmare. The Chinese people aren’t able to sustain a consumer based economy. The government has created a situation where foreign investors fear to risk capital. The end result is a nation of poor people that had a taste of prosperity. The CCP faces an even greater challenge in dealing with a population of young educated citizens. Unfortunately communist aren’t adverse to crushing dissent.

ACE Spades

24d ago

This is communism in action.. It ALWAYS FAILS. Here's a word. Bai Lan = Let it rot. That's the number one word over Chinese social media for young people. 20% unemployment 9,9,6. What's that. That's 9 am to 9 pm, 6 days a week. The STANDARD Chinese work week... So understand LET IT ROT, is against the Chinese government.

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