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As growth falters, China suspends release of youth unemployment data

IndiaTimes 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.
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