Is China hiding its unemployment figures? Beijing's rising graduate numbers spark concern | Oneindia

  • 9 months ago
Experts say, China's rebound after COVID-19 has been slower than expected. Challenges like a struggling property market, rising local government debt, and subdued consumer spending led Beijing on a sluggish economic road. China officially reported youth unemployment rate of 21% recently. But reports say it might be just double owing to fictitious employment and around 16 million individuals adopting a 'lying flat' approach.

#ChinaUnemployment #Economy #Recession
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