China's economy faces a worsening economic slowdown amid rising unemployment, trade tensions & pandemic related repurcussions.
Data shows 21.3% of youth aged 16 to 24 are jobless. China has reportedly suspended youth unemployment data after record high
Developers are facing the impact of a crackdown on high reliance on debt. Evergrande, a top Chinese developer, filed for bankruptcy
China’s zero covid policy led to severe repercussions for its import-export industry.
China's central bank has cut key interest rates to spur economic activity, encourage borrowing, investments, and consumer spending