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tv   DW News Asia  Deutsche Welle  August 16, 2023 5:30pm-5:46pm CEST

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roads now someone is getting ready to jump in this. someone is strolling these work . locals on wearing that best small. this is rose now. and now is the time for you to book your trip to road road. once you love these kids, there's the newest aisha coming up today. china cracks down on data. how many driving unemployment aging series, it won't issue use unemployment data anymore, off the reports to figure out what's the allow me to be high. how much of a concern is this for the communist party and does it have any plans to do with it and figure out, i'm just bear with me. yeah. after the deputy clashes between the 2 communities prompted a heavy 100 response from the state. the
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9 bit expanded. you're welcome to beat up the news aisha. i'm glad you could join us. join us as a phone, publish, use unemployment data until it reviews how the data is collected. the announcement comes over to both of high youth unemployment hovering around 21 percent. the lack of data at the times of china is attempting to rebound from a popular corporate induced economic slump. isn't in spite and confidence overseas and at home. imagine spending thousands of dollars on lottery tickets. many here have done that in this little booth and beijing junk people are betting on their luck to make money if they can't find jobs in a flailing post. been demick economy, luxury sales, and china. i'll have increased by more than 50 percent. this you most likely
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because of mos unemployment, affecting young people across the country. with my friends all agree that will be unemployed after graduation. most. i'm so worried. when thinking about finding a job, i become very anxious. i just don't want to think about it for now. as a freshman, i think it depends on the industry you're in, so it's easier to find jobs in the industry where i work with some traditional industries may face great to employment pressure center. i think the coming civil 7th and joining state owned enterprises may be better choices now. many of those are rushing into the business of driving taxis. the market of already 5800000 drive of has been flooded. making it harder for any driver to own enough place. previously, i could make money if i worked for 8 to 10 hours, but now i'm working 141516 hours to end the same. in the midst of that,
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china government has announced the data on youth employment will no longer be made public c o u senior. so from august this year, china will suspend the release of the sub aid and unemployment rate data on young people and of the age groups serve you with the improvement of education levels. young people in china spend more time on studying and colleges and universities. therefore, further research needs to be done to define the age range for young people in the labor force survey seo team for the into. critics thing this is simply another attempt by the chinese government to hide a domestic problem, a problem that has reached record levels, leaving 21.3 percent of china's you unintelligible. and joining me not for more context is dw correspondent james j. it's a from i used to show bureau in taipei, james, why has china decided to stop releasing use unemployment data as
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well? the official reason that we have certify is that the statistics needs to be optimized . the chinese government say that they require continuous improvement in days of practices. of course many people are reading between the lines here, youth unemployment in china, that's age 16 to 24, reached a record high in june of 21.3 percent. and it was actually expected to go even higher in july with more than 10000000 new graduates entering the job market. but across to a new economy, you know, it's not just the story of youth on employment across the board. we seen, we've not seen the rebound that many expected office stringent confidence, all towns right now we have a deflation re environments. we have a really sluggish properties that it's a waste. so much of wealth in china was tied up in be of sluggish growth. and even the central bank causing interest rates, and if you can pass out to the rest of the wells, which is having to raise interest rates, you get a sense of the uniqueness of the chinese situation at the moment. and how big of
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a concern is high use unemployment for china's rulers the communist party? well, this is a huge, really important demographic in china. if you think of a, china is population. how big it is. this bracket of 16 to 24 year olds, numbers in the 10s of millions, and it's a population that will be larger than a lot of entire countries. and so widespread, this content is not ideal for the chinese communist ponce. of course, we are that kind of inflection point in time to the corner. at the moment we find successive generations in china experience almost double digit growth and it seems 5 about that long period of good news look set to and, and not to spell political trouble. it in this sense might break this kind of social contract that we have in china, where we have decided that 20 citizens have less political freedoms and maybe in other countries around the world. but that comes with the benefits of sustained economic growth. and so if that, if that contract becomes on balance,
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that could be a problem and for the policy here. and therefore the question is, what has the reaction be in the inside of china? do these figure as well? as you mentioned, there is no, there's been a degree of discontent with this decision. that's because it's an investment issue that impacts so many people's material lives. we've had some commentary on chinese social media, which i think we can see now 3 responses here. the 1st one, this is below, i'm a post announcing this decision by the china national radio. the 1st comment says, is this decision being taken because the number of unemployed is too high and it kind of tongue in cheek worry about has 18000 likes the seconds says so it shouldn't be just shots. our eyes for a bit. then with 12000 lights from the side, another kind of tongue in cheek one says the unemployment rate is so high, it's good. then you're, you're looking through some of this common tree of uh, what since this decision was taken. actually, this particular post has now been taken down, we think,
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by sensors. so where does that leave china's young people with these being they cannot make reality that they're faced with as well and then not so the government is telling it's young to expect less in the future. there's been so much reporting on this, this here on this trends, the young, extremely highly skilled young people in china simply unable to find the type of work that they are expecting to get. and the government is saying, so young people that, that might not be the work to much that skill set. and then another phrase that is often kind of binding about here is that the government is having young people to eat bits and this, you know, this is not just the school. so demographic histories, which are going to be weighing on china is young population. of course it, chinese population is aging rapidly by 2035. we're gonna have 400000000 people aged over 60 and more and more of the economic impacts button is going to fall on on young people. and it's contributed also to this phenomenon that we've seen of lying
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flat, which is assigned to the young people just in can you rejecting the demands of the car and walk environment in china? and so these problems, these demographic issues, these economic issues are where they need to improve. and that's going to be one of the biggest problems that china is going to be facing and coming is. so what does the government plan to do about it as well? a tech support response to your thought employment is something that a lot, a lot of governments around the wells do is to encourage and encourage entrepreneurship. and even that is a problem because we have china is over the last couple of years trying is cracked down on one tech education on the private site to all industries that usually kind of laptop young talent answer following that we still must lay often reduced operations for those types of companies that happen some measures taken by the chinese government to try and improve the situation. so we have subsidies for companies to run. internship programs subsidizing longer contracts for young people
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. but i think this decision is still publishing, unemployment say so will worry many inside and outside of china because it signals that in this sense, information itself is becoming politically sensitive and we never use the same. and recently, the officials have been discharging on a list from discussing the deflation re, situation is a concern. i think that it's just going to become more difficult to analyze and understand the situation in china as it says, we leave with their, with the time being with thanks so much for joining us today. james j a to and type a, a mistake in northern india has responded to deadly crashes between him. do it most them communities by penalizing the laptop. the government of hardy on us, sent for those as to demolished properties owned by most firms in new purportedly because they were illegal. if even front of the high call to call this ethnic cleansing, the, the 4th alden puts traveled to the city some 8 to 5 kilometers from denny to see
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the impact the writing and subsequent government crackdown has had this family is waiting for police to bring the 12 year old son to quote dc 2, but on his being charged with the writing photos to lot of goods upon he and his family have lived for more than a decade. richard brown was just one of many, most of the children and accused of wayland, sandra white, they picked up my son a week ago. we got permission once to see him, but they didn't let us in. and we don't understand why they discriminate against us . we have nothing to do with these classes.
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the lease briggs abroad, it's too much feedback skin disease and made arrest local authorities did this. they demolished 1200 properties, belong to most of them was in no. they said the buildings were illegal and blocked, and the social elements in a wall in the woodlands. sub for us, a local business man takes us to his hotel, tardies the people used it to throw stones at the end, the procession decade. so book and investment live here among the rubble to how much would be painted as a small thing. what i feel right now is worse than that. for the last few days,
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my family has not eaten anything and my children cry, and it's so sad you can only imagine what my family's going through. it's such a huge loss on what can do right. being go see, most of them was does the such losses and that the interests are justified. dc, they are the ones under attack. a reduced chunk good is the spokesperson of ritual him do what he should. he, i didn't know danny. he stays most of them. spock the deputy widens by twink stones and did really just profession yet. so this is a launch in muslim conspiracy. would you like is lennox thinking, believes in keeping people of other religions and see if they want to scare us and obstruct into festivals. they want to break the unity of hindus, somebody which we demonstrate for religious processions. how ya program, of them say, unity could be what the one, what's the most face, the prospect of rebuilding,
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what they can be know can do. professions will continue to the neighborhoods. many fear they will become active. most of them of riley's and that wireless with spiral, or that does it for today. it is mostly the region on our website. we're back here tomorrow at the same time. and so you then, by the, enjoying the views and kind of take a look at this out to the highlights every week. email inbox, subscribe. now the thing was like a stepping point, you know, probably point you into that warranty. once it finishes, now you have a certificate from train, you can just go back to somewhere else. currently more people than ever on the live world wide in search of, of best in life. so why do i want to go back tonight?
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yeah. like i don't have any reason. there's no reason, investment thing for me that yeah, i believe something that is coming very, very soon on. we know when the story in for migrate reliable needs to migrate wherever they may be. the china won't release youth unemployment figures anymore. aging says it wants to reconsider how it comes to the numbers, but investors and locals aren't buying it. all correspondent in taipei will tell us why she lives green and visions will look at how it is transforming its energy production and tourism and russian occupied crimea, takes a hit. businesses are counting their losses as the unintended consequences of the
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war in ukraine mount and russia. welcome to the shell. i'm to bondage and bellow. china has stopped releasing use unemployment figures. bingeing says it is reconsidering how it comes to lates, the jobless rate for 16 to 24 year olds in june. chinese youth unemployment roles to a record high of more than 21 percent. that's nearly 4 times higher than the countries overall jobless rate. they james latest move has left investors concerned about data transparency. and in china, the decision was really cute on social media. it is the latest warning sign. and paging is struggling to turn its economy around dw correspondence suits them. hun joins us from. ty pay with more to what does this move tell us about beings policies? well, there was a similar episode in 2021 when aging repeatedly delay the census data release,
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