As China’s economy, population implode, Xi is looking to start a war


Source: thehill.com thehill.com

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China’s severe workforce woes have caught the attention of President Joe Biden. Last Thursday at a Democratic Party fundraiser in Utah, he said that country had the “highest unemployment rate going.” Biden could not have been referring to the official urban unemployment rate, which was listed as 5.2 percent in June. He had to be thinking of the figure for the out-of-work young people. Beijing reported that in June, 21.3 percent of China’s urban youth — those in the 16-24 age cohort — were unemployed. Yet that shockingly high figure is deceptively low. For March, Beijing reported youth unemployment of...