Advertisement This year, China confronts the looming shadow of deflation, underscored by significant drops in both the Consumer Price Index (CPI) and the Producer Price Index (PPI). As of July, the statistics indicate a 0.3 percent decrease in the CPI and a pronounced 4.4 percent fall in the PPI. As former Chinese Premier Wen Jiabao … Read more
Advertisement Despite China’s recovery from the depth of the COVID-19 pandemic, the headline jobless rate for young workers between the ages of 16 and 24 remains unnervingly high. In May, youth unemployment edged to 20.8 percent, a new record. With a record number of 11.58 million students graduating college this summer, the stress is set … Read more
Advertisement The Chinese government’s censorship of news and commentary related to the country’s slowing economy has made international headlines in recent weeks. This may be because financial or economic information is typically perceived as being less politically sensitive than discussions about democracy or human rights in China. But the latest spate of economic censorship is … Read more