World Business Report - China's economy gathers speed but youth unemployment rate worsens

Download China's economy gathers speed but youth unemployment rate worsens

The Chinese government released the nation’s latest economic statistics, showing 4.5% growth compared to the same period of 2022. But China’s young labour force, aged 16 to 24, suffers an almost 20% unemployment rate – What will happen when more fresh graduates finish school this summer?

Apple’s Tim Cook flew to India to launch the tech giant’s first physical Apple Store in Mumbai, India. Hundreds of Apple’s fans queued for hours just to be the first ones who step in the new landmark. Apple plans to increase production of iPhones to the world most populated country.

(Picture: A job fair in Chongqing, China (AFP via Getty Images))

Published on Tuesday, 18th April 2023.

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