The CCP Tries to Hide an Ugly Reality

The CCP Tries to Hide an Ugly Reality
Young people attending a job fair in Beijing on Aug. 26, 2022. China's slowing economy has left millions of young people fiercely competing for an ever-slimming raft of jobs and facing an increasingly uncertain future. Jade Gao/AFP via Getty Images
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Commentary

The Chinese Communist Party (CCP) has made yet another foolish economic decision. Embarrassed by a doubling of the rate of youth unemployment over the past year or so, Beijing has decided to discontinue publishing data on it.

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Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is “Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.”
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