The middle-class households that drove China’s historic wave of international students are now re-evaluating, as businesses have closed and domestic alternatives have become more appealing.
China’s college students continue to flock abroad for higher education out of dissatisfaction with the domestic education system, with Master’s programmes the primary choice.
China has put job creation at the forefront of its economic plans and has encouraged the housekeeping industry to employ young people, after the youth unemployment rate hit a record high in June.
China’s state-owned aerospace manufacturer aims to deliver up to eight of the home-grown C919 passenger jet this year, with the first recording a passenger seat occupancy rate of 82 per cent since its maiden flight in May.
Many young couples in China are shunning government handouts and incentives to live a life unburdened by children, and the falling birth rate has economic implications that could span decades.
China’s customs agency says the plan to discharge treated nuclear-contaminated water from the 2011 disaster in Fukushima into the sea fails to fully reflect expert opinions, with authorities vowing to take all necessary measures to ensure consumer safety.
A day in the life of some of these jobs is a bit of a grind, but in a climate where it’s difficult to find work in China, they offer relatively easy work in high demand, “as long as you have hands”.
A digital economy conference shows how Beijing is going all-out to boost its economy in a post-Covid climate, and the growing digital ecosystem already accounts for more than 40 per cent of China’s GDP.
Country’s top economic planner is taking all suggestions into consideration, leading to private hopes of stimulus measures before China’s upcoming Politburo meeting.
Coronavirus worsened the employment woes for middle-aged workers in China, and while unemployment figures for the 25 to 59 age group are low, many face challenges to find work.
With no internships and their degrees earned mostly online, what are 11.58 million students to do when recruiters say employers will ‘just wait for the next batch of graduates’?
New-energy giant Tesla’s demands of Chinese suppliers to support the upcoming Mexican ‘gigafactory’ show how companies are shifting supply chains amid geopolitical tensions between Washington and Beijing.