YOUTH UNEMPLOYMENT IN CHINA
What we can learn about Xi's rule by studying his father's life
A new biography explores the life of Xi Zhongxun, father of China's current leader, Xi Jinping. It examines why Xi Jinping's rule echoes Mao's autocracy, despite his father's reformist ideals. The book reveals the inherent contradictions within the Chinese Communist Party. It highlights the suffering endured by both father and son during the Cultural Revolution.
Chinese university demands PhD for canteen manager role. Netizens ask: 'Since when does a cafeteria need a doctorate?'
A Chinese university has sparked controversy by advertising a canteen manager position requiring a PhD, English fluency, and Communist Party membership. According to South China Morning Post, Southeast University’s job post triggered intense online backlash, with many questioning the need for such high academic qualifications for an operational role, reflecting growing concerns about educational inflation in China.
"On what basis are you claiming...": Sanjay Raut questions India becoming 4th largest economy
Sanjay Raut questioned India's claim of becoming the fourth-largest economy, citing high unemployment and declining foreign investment. He argued that celebrating this achievement is difficult when a significant portion of the population relies on free food grains. NITI Aayog CEO Subrahmanyam, referencing IMF data, stated India has surpassed Japan, reaching a USD 4 trillion economy.
China risks massive job losses as tariff talks with Trump intensify
As the US and China negotiate tariffs, China's struggling economy and vulnerable labour market take centre stage. A property slowdown, COVID-19 impacts, and a surge of new graduates exacerbate unemployment, particularly among young workers. The potential for a renewed trade war threatens millions of manufacturing jobs, heightening sensitivities around employment and forcing businesses and workers to adapt to precarious conditions.
China's youth unemployment rate at 15.8% — is the economy in doldrums? Country's central bank cuts key rates amid trade war with U.S.; here's what key indicators say
China's urban youth unemployment rate for individuals aged 16 to 24 declined to 15.8% in April 2025, down from 16.5% in March, according to the National Bureau of Statistics. While this decrease indicates a slight improvement in employment conditions for young people in Chinese cities, the rate remains significantly higher than the overall urban unemployment rate of 5.1%. China cuts lending rates in a fresh move to support its slowing economy amid the ongoing Sino-U.S. trade war. The People’s Bank of China lowered its key loan prime rates for the first time since October, aiming to ease borrowing costs and encourage consumer spending.
Central and South Asia: Steps to restore forgotten ties
The Termez Dialogue fosters connectivity between Central and South Asia, focusing on peace, friendship, and prosperity. It highlights historical ties, trade routes, and cultural exchanges, addressing challenges to regional stability. The platform aims to strengthen cooperation in education, science, technology, and security, promoting sustainable development and regional integration.
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There are two Chinas, and America must understand both
The American perception of China is divided between two extremes: a global tech and manufacturing powerhouse, and an economy teetering on collapse. Both views reflect real aspects of the country. On one hand, innovative companies like DeepSeek, BYD, and Huawei showcase China's technological prowess. On the other, the nation grapples with weak consumption, high youth unemployment, a housing crisis, and the ongoing impact of the U.S.-China trade war.
'From pin to plane, everything is manufactured in Peenya' — the inside story of a neglected and crumbling industrial hub
Spread over 40 sq. km, Peenya houses more than 13,000 MSME industries, employing over 1 million individuals. However, challenges like poor infrastructure and skill shortages are hindering future investments, slowly putting the industrial area in slumber.
It’s India’s fault local startups are trailing China
Piyush Goyal criticized Indian startups for focusing on consumer-facing services rather than deep tech and manufacturing, contrasting them with Chinese counterparts. While his assessment of the sector's focus is accurate, the blame lies with the Indian government's failure to create a supportive environment for manufacturing and innovation in crucial sectors.
Trump showed his pain point in his standoff with China
Trump blinked in the face of financial turmoil -- particularly, a rapid rise in government bond yields that could shake the dominant position of the dollar and the foundation of the U.S. economy. In so doing, he also gave away something to his main rival, Chinese leader Xi Jinping.
Zepto's Aadit Palicha, Mohandas Pai react to Piyush Goyal's comments on Indian startups
Piyush Goyal urged Indian startups to shift focus from food delivery apps to high-tech sectors like AI and robotics. His remarks sparked responses from Zepto’s Aadit Palicha and Mohandas Pai, who defended India’s startup ecosystem and questioned government support for deep-tech innovations.
Aman Gupta sides with Piyush Goyal's comments on Indian startups to focus on deep tech
Aman Gupta, boAt co-founder, supports Minister Piyush Goyal's call for Indian startups to focus on deep-tech innovation. Amidst debate, Gupta agrees with shifting focus from consumer-centric models like food delivery to technologies such as AI and robotics. He acknowledges the need for high-tech advancements for India to compete globally and achieve its aspirations.
Founders react to Piyush Goyal's critique of India's startups: Who said what?
Piyush Goyal’s comments, seen as a call for deeper innovation in areas like semiconductors rather than consumer-facing sectors like food delivery or boutique D2C brands, drew mixed responses from industry leaders and the public. Some backed his viewpoint, while others pushed back.
Piyush Goyal accuses Congress of misleading startups by misinterpreting his message
Goyal asked the Indian startup community to shift their focus from grocery delivery and ice cream making to high-tech sectors like semiconductors, machine learning, robotics, and artificial intelligence.
Startup Mahakumbh organisers spreading Chinese propaganda against India: Mohandas Pai
A chart titled "India vs China" sparked significant discussion and criticism due to the data it showcased. Union commerce and industry minister Piyush Goyal’s comment on Indian startups drew sharp responses from the former Infosys CFO, Zepto CEO Aadit Palicha and Shaadi.com founder and Shark Tank India judge Anupam Mittal.
Mindless reels, quick money via gambling, no innovation? Piyush Goyal lists 5 reasons why India’s startups are losing their way
At the Startup Mahakumbh, Commerce Minister Piyush Goyal voiced concern over the direction of India’s startup ecosystem, contrasting it with China’s focus on deep-tech innovation. He called on entrepreneurs to pursue globally relevant ventures and move beyond instant delivery services. His sharp remarks, however, drew criticism from startup leaders including Zepto’s Aadit Palicha and former Infosys director Mohandas Pai, who questioned the government's support for deep-tech growth and urged collaboration instead of criticism.
Are food apps killing India’s deep-tech future? 'Doglapan' fame Ashneer Grover reacts to Piyush Goyal's remark on startups
Former BharatPe co-founder Ashneer Grover has hit out at Union Minister Piyush Goyal for criticising India’s startup ecosystem, calling politicians the ones in need of a ‘reality check’. His remarks come after Goyal questioned whether India’s startups were focusing too much on convenience-based apps instead of deep-tech. The minister’s comments triggered sharp responses from industry leaders, including Zepto CEO Aadit Palicha and former Infosys CFO Mohandas Pai.
China manufacturing activity grows at highest rate in a year
China's manufacturing activity reached its highest rate in a year in March, with the PMI rising to 50.5. This growth comes amid efforts to revive confidence in the economy, which faces challenges like property sector crisis and US trade tensions. Authorities have implemented stimulus measures and set ambitious job creation and growth goals.
Is China's economic success story faltering? Unemployment rate hits 20%; 1 in every 5 Chinese can't find a job and are living on a shoestring budget
Many Chinese citizens seek to move their savings abroad, reflecting the growing lack of confidence in the country’s economic stability.
World's second-biggest economy faces a threat as Chinese are not getting married
Marriages in China fell 20% last year, reaching a record low of 6.1 million. The drop presents a challenge to China's efforts to counter its declining birthrate. High youth unemployment and significant barriers to marriage contribute to the decline. President Xi Jinping urged stronger guidance on marriage, but financial strains and societal pressures remain major deterrents.
Is the Chinese economy going bust? Unemployment rate soars; graduates resorting to working as waiters, cleaners and movie extras
China's youth unemployment rate has hit a record high, with more and more recent graduates finding themselves in low-paying jobs like waiters, cleaners, and even movie extras.
"Rahul Gandhi will have to take many births to know about RSS": Union Minister Giriraj Singh
Union Minister Giriraj Singh responded to Rahul Gandhi's comments on the RSS, stating that Congress needs multiple lifetimes to understand the organization. Singh accused Gandhi of defaming India abroad and praised India's progress under PM Modi. Gandhi had criticized India's unemployment issues and compared it to China's production capabilities.
The biggest economic problem China is facing now - youth unemployment
Youth unemployment in China has ended up becoming a major issue for the nation, even amid its rising economy, as well as its rise in emerging technologies, including AI. Meanwhile, the country is now baking on concepts like AI, in order to generate employment and workforce, but will be able to suffice with the increasing employment demand?
China waits anxiously for economic plan as gloom reigns
A year and a half after crippling Covid-19 restrictions ended, the property crisis is just one of the deadweights dragging on China's recovery momentum, sending ripples of unease through the country's leaders and citizens.
Resignation Party: Why young employees in China are celebrating quitting
Young professionals in China are leaving their stable jobs in increasing numbers, citing low salaries and burnout. These individuals are throwing extravagant parties to bid farewell to their jobs, with posts about these "resignation parties" surging on Chinese social media. Dissatisfaction stems from a sense of disillusionment among overworked young individuals who face stagnant salaries and a disconnect between their qualifications and job opportunities.
'Can't sleep at night': China's youth worry about tough job market
China is experiencing record high levels of youth unemployment with 21.3% of people aged between 16 and 24 being jobless in June 2021. The situation is affecting millions of young graduates as they search for their first or second jobs. Factors contributing to this phenomenon include a slow economic rebound and a sluggish consumer demand making firms reluctant to recruit inexperienced candidates for higher-paying positions.
With record unemployment, China's youth confront bleak job market
The jobless rate could rise even further this summer, analysts warned, providing another headache for the government as it tries to jumpstart the country's sluggish post-Covid economy.
China stares at rising unemployment crisis
Despite efforts by public and private sectors in China to encourage increased hiring, the youth unemployment rate in the country continues to rise. The unemployment rate for young individuals aged 16 to 24 in urban areas skyrocketed to 20.4 per cent in April, marking the highest level since 2018. The situation is expected to worsen further with at least 6 million young people in urban China currently unemployed, and nearly 12 million college graduates expected to enter the job market this summer.
China heading towards social instability as unemployment rises to historic level
Some young Chinese are purposefully living paycheck-to-paycheck, calling themselves the "moonlight clan" - participants now buy luxuries like an overseas trip to compensate for longer-term disappointment. Analysts believe that unsustainable youth unemployment could become a threat to social stability, reported Geo-politik.
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