China’s retail sales, industrial production, and urban investment for August all missed market expectations, signaling a slowdown in the world’s second-largest economy. Data released by the...
Etiket: Youth Unemployment
China’s Youth Grapple with Unemployment, Giving Rise to ‘Rotten-Tail Kids’
China’s growing youth unemployment crisis has led to the emergence of a new working class, dubbed “rotten-tail kids,” a term echoing the unfinished and deteriorating buildings...
Young People in China Curb Spending on Romance Amid Economic Struggles
During the prosperous years of China’s economic boom, the Qixi Festival, often referred to as the Chinese version of Valentine’s Day, was marked by lavish spending....