Some US schools have lost 89 per cent of their Chinese enrolment since 2017, but China still accounts for most international students seeking American degrees.
With stability waning in China’s contentious job market, the lure of long-term jobs in rustic regions hearkens back to Mao Zedong’s Down to the Countryside Movement.
The employment situation in the first half of 2024 was deemed stable despite pressures and structural conflicts that the NBS says have taken a toll on China’s economy.
An ‘accelerated recovery’ of China’s cruise economy has provided support for expanding domestic demand and boosting consumption, Ministry of Transport says.
China reported 11.1 million deaths last year, which outnumbered the 9 million new births, adding to its population woes as its society ages.
Chinese President Xi Jinping called employment a ‘most basic livelihood concern’, pledging to make youth employment a top policy priority.
China’s Ministry of Industry and Information Technology on Friday laid out a plan to make breakthroughs in emerging industries while preserving traditional manufacturing as a foundation.
Consumer trends could also reflect challenges for foreign brands that are trying to cash in on China’s huge middle class.
Report by China’s National Audit Office finds a wide range of problems in areas including social security benefits, credit allocation and local debt management.
Lottery ticket sales in China have surged, with many stores running out of stock, as young people seek a short cut to wealth amid the uneven post-pandemic economic recovery.
Zheng Xinli, a former researcher with China’s Communist Party, has advocated for robust incentives to spur consumption and buoy the country’s service sector, part of a plan to build up new economic growth drivers.
US has opened investigations into solar panel products from Southeast Asia to block a well-trodden tariff workaround used by Chinese manufacturers.