China has almost 12 million unemployed youth, an almost insoluble problem. The CCP doesn’t seem to be able to devise any mitigating scenarios to ameliorate this severe conundrum. In fact, the backward policies of totalitarianism being pursued by Xi in particular and the CCP in general have, in recent years, created a hostile environment towards private businesses in China.
After a six-month absence, China’s National Bureau of Statistics (NBS) has again released official youth employment data for December 2023: 14.9 percent. The government stopped reporting the rate in June 2023, after it had risen continuously to record high of more than 21 percent, as high as 40 percent in rural regions or as high as 50 percent when you factor in part-time or underemployment. ….But the youth labor market in China has a few unique characteristics as well. The cultural demands on young Chinese workers are high—they are routinely expected to work “9-9-6”—from 9 am to 9 pm, six days a week. The resulting burnout is a key contributor to the elevated and stubborn youth unemployment. The general economic downturn and collapse of the property and housing market in particular has led to a hiring slowdown, with jobs that might be most suitable to new labor market entrants continuing to be among the hardest hit. Meanwhile, in the face of grueling hours for low pay, young people in China are opting out, choosing instead to “lie flat”—remain idle and not work or engage in any economic activities—or become “professional children,” paid by their parents or grandparents to live with and care for them. ATLANTIC COUNCIL: Youth Unemployment In China: New Metric Same Mess, February 16, 2024 By Nicole Goldin.
All of the issues mentioned above are quite serious. What, however, have the Chinese leaders done to solve them? In fact, can they even be solved? If anything is being done to address these pressing debacles, then it’s a well-kept secret. The Island of Taiwan, which happens to be 1306.77 miles from mainland China, is not only prosperous. They are trying to mind their own business and get along without being entangled with their undemocratic neighbor, who has no respect for human rights or freedom of worship. In fact, in China, citizens are subject to a multiplicity of human rights abuses, including repression in Xinjiang, fear of arbitrary arrest, religious freedom abuses, stifling freedom of expression, forced labor, assault on Hong Kong’s autonomy, and severe restrictions in Tibet. Suddenly, China’s CCP came up with a brilliant idea. Since we have these urgent problems, why don’t we create a distraction? In that way, we can divert the attention of the Chinese populace from our incompetence, ineptitude, and stupidity. Let us proclaim that we intend to invade Taiwan for the reasons that we will specify. Such a cooked-up emergency will take the heat off our backs for some time. The only problem is that South Korea, Japan, and The United States took them seriously and dispatched a formidable naval force to make the Chinese think twice. An armada, which China would definitely prefer not to confront. Accordingly, their preposterous plan and grandiose verbiage have been discontinued. Now, Taiwan has more time to prepare to defend itself effectively from any future Chinese aggression. Such defenses, I predict, will not only include hypersonic missiles but also nuclear weapons.
“The US Navy 7th Fleet remains committed to upholding the rules-based international order that underpins regional security and stability in the Indo-Pacific region,” a public relations officer at the 7th Fleet told Reuters when asked to comment on the Chinese military drills around Taiwan this week. The Theodore Roosevelt Carrier Strike Group is continuing “normal, safe, and responsible exercises” as part of its routine deployment in the 7th Fleet area of operations, the officer said in emailed remarks without directly commenting on or referring to the Chinese drills. On Friday, Chinese warships and fighter jets surrounded Taiwan in the second day of drills that Beijing said were testing its ability to seize the self-ruled island, days after its new president was sworn in. China’s military kicked off the war games Thursday morning, encircling Taiwan with naval vessels and military aircraft as it vowed the blood of “independence forces” on the island would flow. THE JAKARTA POST: US Navy: Watching ‘All Of The Activities’ In Indo-Pacific Region, Washington, Friday, May 24, 2024.