Chinese youth unemployment hits record high as Covid recovery weakens • FRANCE 24 English

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New data shows Chinese economic growth slowing, with property investment in steep decline and youth unemployment at a record high. Also, the US Federal Reserve confirms its "hawkish pause" policy, keeping interest rates steady for now but planning for more hikes. Finally, economists name an unlikely culprit for persistent Swedish inflation: Beyoncé.

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Even China, the world's factory, has to face this unemployment issue. I can't imagine what's happening in India at present...

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