Скачать или смотреть China's Youth Unemployment Crisis Tariffs & Lost Jobs

Today China's youth unemployment rate officially stands at 20.8 percent though some independent estimates suggest it could be creeping closer to 25 percent The numbers are staggering one in 4 young people in China cannot find work And the roots of this crisis dig deep into the fertile soil of an economy under siege When the United States imposed waves of tariffs on Chinese goods it was intended to pressure Beijing into making fairer trade practices What perhaps wasn't foreseen was the profound ripple effect A slowing economy an exodus of manufacturing and a generation of job seekers left holding empty resumes Entire sectors that once absorbed millions of fresh graduates are shrinking The manufacturing heartlands of Guangdong and Zhejiang previously the beating heart of China's export economy are losing factories at a startling pace on the president's threat yesterday on social media to increase tariffs against china by an additional 50 percent in response to their retaliation has he signed anything in terms of an executive order any documentation around that will that additional 50 percent go into effect tomorrow they will be going into effect at 12 oh one a.m tonight so effectively tomorrow yes I'm curious though under what conditions at this point would President Trump talk to President Xi about tariffs When America is punched he punches back harder That's why there will be one hundred and four percent tariffs going into effect on China tonight at midnight But the president believes that Xi and China want to make a deal They just don't know how to get that started And the president also wanted me to tell all of you that if China reaches out to make a deal he'll be incredibly gracious but he's going to do what's best for the American people China has to call first The Chinese want to make a deal they just don't know how to do it but the President will be implementing these hundred and four percent tariffs on China tonight American companies fearful of tariffs and political uncertainty are shifting their production lines to Southeast Asian nations offering lower costs and fewer risks Meanwhile tech companies long the shining beacon of opportunity for China's youth are under government pressure Regulatory crackdowns and now international isolation Job openings are drying up even in the industries that were supposed to be future-proof The situation is quickly spiralling beyond economics The frustration of young educated citizens is simmering Protests though rare and often swiftly quelled in China are beginning to appear online and in university circles Social media platforms are brimming with disillusionment as a generation raised on promises of endless growth finds itself locked out of the

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