What China Isn’t Telling the World About its Economy
Beijing stopped releasing youth unemployment figures in its latest attempt to play down negative trends as growth stalls, and global concerns grow.
Posted inChina Economic Conditions and Trends Hiring and Promotion Labor and Jobs Layoffs and Job Reductions National Bureau of Statistics (China) Unemployment
China Suspends Youth Unemployment Report
The Chinese government said it would no longer release monthly data about unemployment in young people, which had risen each month this year and reached 21.3 percent.
Posted inChina Consumer Behavior Country Garden Federal Reserve System Goldman Sachs Group Inc Gross, William H internal-storyline-no International Relations PIMCO (Pacific Investment Management Company) Stocks and Bonds United States Economy
China’s Woes Loom Large Over the Global Markets
A downturn in the world’s second biggest economy, and growing fears about its real estate sector, are making investors jittery.
When Tragedy Strikes in China, the Government Cracks Down on Grief
The Chinese government represses public grief, withholding information and stanching displays of mourning to tell history the way it wants it told.