
China pursues aggressive growth to prevent devastating slowdown: government aims to 'transform' economy
Fox News
China's economy has faced several hurdles on its path to economic recovery, starting with the draconian zero-COVID policies that hampered activity and led to a supply chain crisis.
"China’s financial data is increasingly unreliable, so even economic news announced after the fact is often questionable," she said. "Unemployment in China has proven a significant issue for Beijing, rising to a record 21.3% for individuals aged 16 to 24 – forcing the government to suspend records and change the way they record youth unemployment." Peter Aitken is a Fox News Digital reporter with a focus on national and global news.
Chinese Premier Li Qiang, the second-most powerful leader in China after President Xi Jinping, delivered a work report at the annual meeting of the National People’s Congress on Tuesday, outlining a number of reforms the government would look to enact.