| | | Lee
<as per China>
I'll play this up a bit more from personal experience/ & from a recent South China Morning Post
My wife lives in China.. happily so.
Me.. I'm banished from the so- called Middle Kingdom.. covid. Currently I must maintain 2 households, hers & now, mine.
My wife has a useless son.. 20yrs old, a little ******g emperor. Unemployable.
So, as it goes, I send her money. Sometimes I ask about her kid. She tells me that finding work is difficult now. From what
she tells me, some Chinese are using the services of what we term here as "employment agencies".
The other day, I read this article from the South China Morning Post (news owner.. XiJinping's now neutered JackMa).. the
Chinese difficulties of a slowing economy and youth jobless.
So maybe China life, such as recent realities dictate, cannot be as economically successful as we are thinking from the sidelines.
Record 2.1m Chinese sit civil service exam as economy slows, youth jobless rate climbs
scmp.com Nov28
*More than 2.12 million registered for Sunday’s ‘guokao’ exam, the first time the number has crossed 2 million
*Applicants have just a one-in-68 chance of success of landing coveted ‘iron rice bowl’ positions
Explainer.. From US trade tensions to Beijing’s zero-Covid goal, 5 dilemmas facing China’s economy
scmp.com Nov29
*China’s economic growth is expected to slow in the fourth quarter and policymakers will have their work cut out stabilising it next year
*Deleveraging in the property market, trade tensions and a zero tolerance approach to Covid-19 could all weigh on the economy
to me, most interestingly, is the military as it increasingly ratchets up it's confrontations with its neighbors... their warlike posturing. |
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