A batch of disappointing data — headlined by record-breaking youth unemployment — suggested that an economic rebound prompted by the lifting of strict “zero-Covid” restrictions has lost momentum and left the country to confront long-term issues.
Youth unemployment is a growing headache for China, the world’s second-largest economy.
The jobless rate among people between the ages of 16 and 24 was a record 20.8% in May, official data showed Thursday, up from 20.4% in April...
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