China’s Lost Generation

Xi Jinping has a major youth unemployment problem on his hands

In China, it is estimated that over 11 million new university graduates are entering a shaky job market. Photo: Yu Fangping / Cfoto/Zuma Press

In October 2022, Xi Jinping, on the cusp of securing his precedent-breaking third term atop China’s Communist Party, wrapped up his keynote speech with an exhortation to the country’s young people: Seize the historic opportunity before you.

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