Photo : Wall Street Journal
21 March 2024, Thursday | Vol.1 No. 37
CHINA READER DAILY WIRE
INTERNAL
Chinese youth employment rate sees a 15.3 per cent hike, says National Bureau Statistics
On 20 March, the Chinese National Bureau of Statistics released the Youth Unemployment data where the rate rose to 15.3 per cent in February while in January 2024, it was at 14.6 per cent. The result shows the persisting unemployment issue in China as they try to recover their economy, the young population's employment condition from the age of 16-24 remains the same. In June 2023, the NBS issued that they won’t declare the document anymore as they saw an all-time high in the youth unemployment rate, reaching 21.3 per cent. In January, the NBS introduced a new measuring technique where they excluded students from the report. This exclusion is considered unusual in most countries like the US and the European countries include students looking for jobs as part of census. (“China’s Youth Jobless Rate Edges Higher After Methodology Change,” Wall Street Journal, 20 March 2024)
CHINA & SOUTH ASIA
CPEC’s ‘Gwadar port’ attacked by the armed wing of Balochistan Liberation Amry, Majeed Brigade
On 20 March, Pakistan security forces curbed an attack at the Gwadar port, Pakistan, where eight armed attackers were killed. Gwadar Port in Balochistan is a multimillion project initiative between the China-Pakistan Economic Corridor. It is one of Pakistan's most ambitious infrastructure projects. Chief Minister of Balochistan Sarfraz Bugti said: “Whosoever chooses to use violence will see no mercy from the state. Kudos to all law enforcement brave hearts who fought bravely today for Pakistan.” The attackers are said to be part of the Majeed Brigade, which is an armed wing group of the Balochistan Liberation Army (BLA). BLA is a separatist group demanding secession of their province from the rest of Pakistan. They even accept the responsibility stating: “BLA accepts responsibility for the attack and further details will be released to the media.” This is not the first time it was attacked, the city of Gwadar consists of many Chinese families and citizens who work there. (“Pakistan’s Gwadar port attacked, eight armed fighters killed,” Al-Jazeera, 20 March 2024)
CHINA & THE AMERICAS
US recognizes Arunachal Pradesh to be part of India, rejects China’s claims |
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EAST ASIA & THE PACIFIC READER EAST ASIA |