ANALYSIS: Beijing Enters Systemic and Opaque ‘Involution’

ANALYSIS: Beijing Enters Systemic and Opaque ‘Involution’
Young people attending a job fair in Beijing on Aug. 26, 2022. Jade Gao/AFP via Getty Images
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China’s unemployment rate in May reached a record high of 20.8 percent for youth aged 16–24.

Combined with the record-breaking 11.58 million graduates this year, the pressure on the job market is unprecedented.

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