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America and China’s race to the top has a jobs problem
China’s AI push may worsen youth unemployment, while the US struggles to bring back manufacturing jobs.
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China’s youth unemployment has stayed stubbornly at 15 per cent or higher despite authorities revising the methodology in 2023 to exclude students.
PHOTO: AFP
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Between the US and China, who will win the race for superiority?
That trillion-dollar question influences some of the biggest decisions for Asia, including where to make long-term business bets and how much of national sails should be hitched to those armadas.
