A thread yesterday had a variety of people asking if the unemployment is lower because the youth are well cared for.
Please click through and read for additional context. Families are helping. Parents age and are not a long-term plan except for the most unusually wealthy.
Please remember: China is nominally communist. Functionally, they are capitalists with an usual side of excess infrastructure spending. A strong central government doesn’t make a country communist.
Their land use rules… that makes them communist-ish. But that’s a small part of a far larger picture.
That certainly sounds a lot better than the prospects young people living in US or Canada have. Also, why would you start with 16 years of age? I realize child labour has been noramlized in US, but in civilized countries 16 year olds go to school instead of having to work.
Finally, this seems pretty in line with Europe https://www.statista.com/statistics/613670/youth-unemployment-rates-in-europe/
So, basically this is a lazy propaganda story as can be expected from CNN when covering China.