Tariff War Shakes China’s Political and Economic Structure, With 200 Million Facing Unemployment
Tariff War Shakes China’s Political and Economic Structure, With 200 Million Facing Unemployment
Udumbara
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Unemployment in China has become a major concern in recent years. The withdrawal of foreign investment, coupled with the collapse of many private businesses, has worsened the situation. The new tariffs imposed by the US have added further pressure on China’s economy. A scholar on population issues and a senior researcher at the University of Wisconsin-Madison, Yi Fuxian, recently published an analysis warning that China may face an unemployment crisis.
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