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News Forum - China’s April economic data falls short amid low demand, high youth unemployment


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Official figures have revealed that China’s economic data for April failed to meet expectations, with low demand and high youth unemployment contributing to an uneven recovery after the easing of strict COVID-19 regulations. According to the National Bureau of Statistics (NBS), retail sales, a crucial gauge of domestic consumer activity, grew by 18.4% year-on-year. However, …

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Roving unoccupied youth always cause problems. China will need to find something for them to do. Perhaps a dispatch of some uniformed ambassadors of goodwill is needed.

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