Claire Fu

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China Suspends Youth Unemployment Report

The Chinese government said it would no longer release monthly data about unemployment in young people, which had risen each month this year and reached...

China’s Youth Unemployment Crisis: 1 in 5 Are Out of Work

The youth unemployment rate, which spiked during the pandemic, reached a record high this week, showing the perils of China’s uneven economic recovery.

China Is Cracking Down on Bankers. Here Are Some of the Targets.

As Xi Jinping and the Communist Party further exercise control over the economy, the financial sector is coming under close scrutiny.

China’s Young Elite Clamber for Government Jobs. Some Come to Regret It.

With youth unemployment high, millions will take this month’s Civil Service exam. But for those who get jobs, the reality can be monotonous work that...

Hong Kong Declines to Seize Superyacht Linked to Russian Oligarch

The yacht, named Nord, is believed to belong to Alexei Mordashov, an ally of President Vladimir V. Putin.
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