24 Sep 2024
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China's labor market conditions are worsening.
Per data from the stats bureau (NBS), released on Friday, youth unemployment excluding students rose to 18.8% in August, up from 17.1% the previous month.
ICYDK: The NBS stopped publishing youth unemployment data in July 2023, citing methodological conc...
September 24, 2024
Don’t worry, there’s enough space for everybody. On Monday, Xi Jinping met with China’s Chang’e 6 lunar mission members, congratulating them for their recent achievements. ICYMI: In June, China became the first nation to retrieve samples from the far side… Read More »
September 24, 2024
China’s central bank (PBoC) has rolled out the most sweeping slate of measures to date to revive the economy. The details: On Tuesday, PBoC Governor Pan Gongsheng announced the central bank is cutting the interest rate on seven-day reverse repos… Read More »
September 23, 2024
US President Joe Biden has confirmed China's suspicions about the Quad. On Saturday, Biden hosted Australian, Indian, and Japanese Prime Ministers Anthony Albanese, Narendra Modi, and Kishida Fumio in Delaware for the Quadrilateral Security Dialogue, aka “the Quad.” ICYDK: The… Read More »