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USD/CNY

'Rotten-tail kids': China's rising youth unemployment breeds new working class

Rising unemployment in China is pushing college graduates into low-paying jobs, with some relying on parents while facing a bleak labor market and inadequate opportunities.

investing.com • 21/08/2024 - 01:04 AM

China keeps loan prime rate unchanged after surprise cut in July

The PBOC kept loan prime rates unchanged after a July cut, maintaining loose monetary policies to aid China's struggling economy amid ongoing weakness in lending and production.

investing.com • 20/08/2024 - 01:22 AM

USD/CNY
WB

Scammers prey on young Chinese desperate for jobs in bleak economy

A mother seeks justice for her disabled son, tricked into breast augmentation by scammers, highlighting rising job-related scams amid China's youth unemployment crisis.

investing.com • 16/08/2024 - 05:01 AM

China industrial production disappoints in July, retail sales improve

Chinese industrial production rose 5.1% in July, below expectations, while retail sales grew 2.7%. Increased tariffs and weak demand continue to impact the economy.

investing.com • 15/08/2024 - 02:09 AM

USD/CNY

China new loans hit 15-year low in July, more policy steps expected

China's bank lending dropped significantly in July, hitting a 15-year low, prompting expectations of further rate cuts by the central bank amid weak credit demand.

investing.com • 13/08/2024 - 10:10 AM

USD/CNY

China July new bank loans dip to 260 billion yuan, miss forecasts

Chinese banks loaned 260 billion yuan in July, missing forecasts amid weak demand, with broader economic challenges impacting business and consumer confidence.

investing.com • 13/08/2024 - 09:26 AM

USD/CNY

'Rotten-tail kids': China's rising youth unemployment breeds new working class

China keeps loan prime rate unchanged after surprise cut in July

Scammers prey on young Chinese desperate for jobs in bleak economy

China industrial production disappoints in July, retail sales improve

China new loans hit 15-year low in July, more policy steps expected

China July new bank loans dip to 260 billion yuan, miss forecasts

China's July bank lending set to dip, keeps Beijing focused on policy support: Reuters poll

China CPI inflation picks up more than expected in July, PPI shrinks

China trade balance shrinks more than expected in July as exports disappoint

China services activity grows more than expected in July- Caixin PMI

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