China’s Consumption Crisis: 1 Billion Stop Spending, $50B Stimulus Can’t Save Economy
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In 2026, the number of new college graduates in China is expected to reach 12.7 million. This does not even include the unemployed people who were already searching for jobs. Some people online also claim that China now has more than 300 million people in flexible employment, and that number could reach 500 million by 2030.
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