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From bad to worse: The plight of graduates in Taiwan and China
Taiwan is a perfect reference point for mainlanders in viewing the issue of youth unemployment.
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In recent months, officials in China have become more nervous about the flagging job market, exacerbated by a flood of new college graduates.
PHOTO: REUTERS
The Chinese economy is struggling and youth are bearing the brunt.
China’s unemployment rate among 16- to 24-year-olds has been rising since the start of the year, hitting a record high of 21.3 per cent in June – a number so staggering that the Chinese government subsequently ceased the release of such data.
