China’s Economy Is Leaving Behind Its Educated Young People

The government faces rising discontent as vast numbers of graduates find no place for their skills in the job market

 (An adapted essay from ‘The New China Playbook’)

Early this year, two striking statistics emerged from China: The country’s annual economic growth had slowed to just 3%, a low only seen twice in nearly 40 years, and its population had fallen for the first time since 1961. The two figures illuminate serious long-term challenges for Beijing, but a less-noticed statistic spotlights a more dramatic and immediate problem: China is failing to adequately employ its youngest, best-educated generation of workers.

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