As growth falters, China suspends release of youth unemployment data
Tuesday, 15 August 2023 China will suspend the release of youth unemployment rates, whilst the central bank cuts a key interest rate in a bid to boost a declining economic growth. Youth unemployment reached a record 21.3% in June, reflecting the slump as China's post-Covid rebound fades. Various disappointing figures have suggested China may struggle to achieve its five percent growth target set for the year.
New COVID Variant , Already the Dominant , US Strain .
The World Health Organization has
warned of a new COVID-19 strain
called EG.5, otherwise known as 'Eris.'.
CNBC reports that Eris accounts for a growing
number of cases in countries around
the world, including the United States and...
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China has paused the release of data on youth joblessness, which reached a record 21.3 percent in June, along with other information deemed unflattering to the... IndiaTimes