As China’s youth deals with growing unemployment and social pressure, how will China’s economy and society be affected?
This July, China’s National Bureau of Statistics reported that China’s youth unemployment had reached a record 19.9%. As China grapples with an economic slump from COVID-19 and the country’s strict lockdown measures, the impact is being felt hard across China’s intensely competitive job market.
As youth employment struggles to keep pace with record education rates, disillusioned young people are now turning their backs on the immense pressure in China to get ahead. This has led to idle-inspired cultural phenomena, such as the ‘lay flat’ and ‘let it rot’ trends, while the government looks to arrest the social malaise by instilling greater moral guidance through ‘core socialist values’.
As Australian universities welcome back Chinese students, this Asia Society Australia program asks what it is like to be a young person in China today. Join us for a discussion with On China’s emerging challenge within.
To register for this briefing please click the link here.
Our sincere thanks to the Asia Society Australia programme for kindly sharing this information.
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