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1 year ago…or the Koreans or the Vietnamese or the Afghans or the Iraqis or…
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Cake day: August 9th, 2023
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People (westerners) pick on China because they want it to collapse. It’s entirely wishful thinking.
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I doubt it, people in full time education aren’t generally counted as unemployed.
Here’s Chinese media talking about it. They’re obviously worried, but it’s not an existential issue. The total unemployment rate is a pretty normal ~5%, the youth rate is currently just disproportionately high.