Unemployment among young people aged 16 to 24 is increasing rapidly in China. In much research conducted in 2022, it was revealed that youth with an engineering degree are now forced to become babu in government offices. About 1.5 crore youth have applied for government jobs.
China has a higher unemployment rate than many of the world's largest economies. The unemployment rate here is 19.3%, while the unemployment rate in America is only half of it. It is expected that this year the number of new degree holder students coming to the job field in China is 12 million.
The government's strict policies led to layoffs in many companies
At the time of Corona, the strict policies of the government led to layoffs of employees in many companies. Due to this many people came on the road. At the same time, companies related to real estate and education have also been affected by government policies.
Army deployed at the gates of banks to prevent the withdrawal of money
Recently, many banks in China have been banned from withdrawing money. Bank of China says that the money deposited here is an investment. It cannot be removed. There are massive protests in China against this decision. The Communist government of China has taken a large number of army tanks out on the streets to prevent people from withdrawing money. In this case, on July 10, more than 1000 protesters gathered in front of the Bank of China branch in Zhongzhou, Henan, and demonstrated vigorously.
Chinese professor claims 2022 is the worst year for China's economy
In a video that went viral a few days ago, Professor Zheng Yuhuang of Beijing's Tsinghua University said that 2022 is a difficult year for China. According to Zheng, in the first quarter of 2022, 4.60 lakh companies have closed in China and 3.1 million business families have gone bankrupt. This year 1.76 crore college graduates have come out, which has created a crisis of jobs. About 80 million youth are unemployed in China.
Maharashtra Elections 2024: As soon as Akshay Kumar got Indian citizenship, he cast his first vote in the assembly, video went viral
Voters of Maharashtra are casting their votes for the assembly elections, which will shape the future of the ruling and opposition parties of the state. Voting began at 7 am. Akshay Kumar was one of
US Capital-like violence in Brazil: If President Bolsonaro loses, supporters attack police headquarters, burn vehicles
Clashes broke out between police and supporters of current President Jair Bolsonaro in Brazil, Latin America's largest country. Supporters barged into the police headquarters. Here supporters of
Jailer Twitter Review: Rajinikanth-Tamannaah's 'Jailor' created a stir in the theatre, such a thing came out of the mouth after seeing the climax
Jailer Twitter Review: Before 'Gadar 2' and 'Oh My God-2' hit the theatres, South Superstar Rajinikanth and Tamannaah Bhatia starrer film 'Jailor' has already hit the theatres. This is the 169th film
IND vs SA: What did Hitman Rohit Sharma say, compared the victory in Cape Town with this historic match
India captain Rohit Sharma compared the team's win in Cape Town to the win at the Gabba. Rohit has described the victory in Cape Town as one of the best victories ever in the history of Indian
Weather Update: Monsoon is weak in Delhi-NCR, ups and downs in UP's weather; Know the condition of your state
Weather Update Today: If you also live in Delhi and are waiting for rain, then this news can make you a little sad. There is little hope of rain in the country's capital for the next week or so. There
Ukraine war is a lesson, India needs to be self-sufficient in the defense sector: CDS General Anil Chauhan
In the ongoing Raisina Dialogue meeting in Delhi, Chief Defense Secretary (CDS) General Anil Chauhan said important things regarding the Russia-Ukraine war. He said that the Indian Armed Forces can
Weather Update: Fog turns deadly; more than 30 vehicles collide in Uttar Pradesh, the situation is also bad in Rajasthan; several flights are delayed.
Several people lost their lives in separate accidents across North India due to dense fog. Six people died in Uttar Pradesh alone, while a couple in Punjab lost their lives when their car fell from a
Half the world is burning due to scorching heat: UN warning - half humanity on the verge of mass suicide; Mercury crosses 40 for the first time in Britain
Many parts of the world are currently facing the wrath of the weather. In Europe, America, and China, the scorching heat is wreaking havoc. Forest fires are also a major reason for the heat. Forests
Asad Encounter: Ashraf met Ashraf in Bareilly jail before Umesh Pal's murder, Asad and Ghulam were killed in the encounter
Asad, the prize son of mafia Atiq Ahmed, who was killed in the encounter, and shooter Ghulam met Ashraf in Bareilly District Jail. When the investigation took place after the murder of advocate
Hit & Run Law: Reconciliation between government-transporters; Drivers will return to work immediately, strike ends after assurance
Life was badly affected amid outrage against the new law on hit and run. Transporters went on a nationwide strike. Considering the sensitivity of the matter, the Union Home Secretary held a meeting
