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tv   DW News Asia  Deutsche Welle  August 16, 2023 6:30pm-6:46pm CEST

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it was recaptured. 6 months later the occupation was hard. how can the legs go on after all the terror? not everyone can do or the fear we felt every day. when russia comes starts august 25th on dw, the there's, there's dw nero's aisha coming up today, china tracks down on data. i'm a driving unemployment raging series. it won't issue use unemployment data any more, often reports to figure out what is alarmingly high. how much of a concern is this for the communist party and does it have any plans to do with it and fell out of despair maybe. yeah, after the deputy clashes between the 2 communities prompted, i have a 100 response from the state, the
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9 bit expanded. you're welcome to the the news aisha. i'm glad you could join us. join us. there's 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 time the china is attempting to rebound from a popular corporate induced economic slump. isn't in spite and confidence overseas . and at home of the imagine spending thousands of dollars on lottery tickets. many here have done that in this little booth and beijing junk people are betting on the luck to make money as they can find jobs in a flailing post. been dummy economy, luxury sales and china have increased by more than 50 percent this year. most likely, because of month on employment,
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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 easy to find jobs in the industry where i work with some traditional industries may face great to implement pressure. i think it's becoming civil 7th and joining state owned enterprises, maybe 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 u. so from august this year, china will suspend the release of the survey 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 view unemployed. and joining me not for more context is dw correspondent james j. it's a from a east asia bureau in taipei. james wyatt has china decided to stop releasing use unemployment data as well. the official reason that we have certify
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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 jump markets. but across to a new economy, you know, it's not just the story of youth on employments across the board. we seen, we've not seen the rebound that many expected office stringent cove, adult thousands right now we have a deflation rate environments. we have a really sluggish properties size to west. so much of wealth in china was tied up and to be off sluggish growth. and even the central bank coughing interest rates, and if you can pass out to the rest of the world, 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 a concern is high use unemployment for china's rulers the communist party?
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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've had successive generations in china experience and was double digit growth. and it seemed 5 about that long period of good news look, set to and, and not code of spell political trouble. it in this sense might break this kind of social contract that we have in china, where we have decided that chinese 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, that could be a problem and for the policy here. and therefore the question is,
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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 of 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 the blue. 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 kind of tongue in cheek worry about has 18000 likes the seconds? says so should we just shots our eyes for a bit then with 12000 lights on the side, another kind of tongue in cheek one says the unemployment rate is so high, it's good then are we looking through some of this common tree of, of it wasn't this decision was taken actually, this particular post has now been taken down, we think by sensors. so where does that leave china's young people with these being
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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 year 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 is often kind of binding about here is that the government is having young people to eat bits in this. you know, this is not just the school, so demographic histories are going to be way when china is young. population, of course, at tons of population is aging rapidly by 2035. we're going to have 400000000 people aged over 60 and more and more about economic impacts button is going to full on, on young people. and they've contributed also to this phenomenon that we've seen of lying flat, which is assigned to the young people just send,
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can you rejecting the demands of the car and walk environment in china? and so these problems, these demographic issues, these economic issues are we're in the team for it. 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 textbook correspondence, so you saw unemployment, somebody middle of a lot of governments around the world to is to encourage and encouraged entrepreneurship. and even that is a problem because we have china is over the last couple of years. china is cracked down on one of the tech education on the private sector or industry is 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 had subsidies for companies to run. internship programs, subsidizing longer contracts for young people. but i think this decision is still publishing unemployment. they said, well, worry many inside and outside of china because it signals that in the sense,
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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, but it's just going to become more difficult to analyze and understand the situation in china as it says, we live with the, with the time being with thanks so much for joining us today. james territory and type a, a state in northern india, has responded to deadly accessions between him, doing most them, communities by penalizing the laptop, the government of hardy on us and for those us to demolish properties owned by muslims in new purportedly because they were illegal. if even front of the high call to call this ethnic cleansing, the, the 4th, the alden pots traveled to the city some 8 to 5 kilometers from denny to see the impact the writing and subsequent government crackdown has had this
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family is waiting for police to bring the 12 year old son to quote the seat to brown is being charged with the writing photos to launch he and his family have lived in the slums up 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. we don't understand why they discriminate against us. we have nothing to do with these classes. the police briggs
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abroad it's too much. mother, she fixed in 2 leaves and made a red 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 set for us. a local business man takes us to his hotel, tod, do you see people used it to throw stones at the end, the procession decade. so book, an 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, my family has not eaten anything and my children cry,
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and it's so sad you can only imagine what my family's going through. and i know it's such a huge loss on what can do right. being go see, most of them was did so such losses and that the interests are justified. dc, they are the ones under attack reduction code is the spokesperson. now we should, we can do what he should, he had in new delhi. she stays most of them spock the deputy widens by twink stones and did really just procession yet. so this is a launch in muslim conspiracy. would you like is linux 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 hindering somebody which we demonstrate for religious processions, high up and all of them of them say it community could be what the one was face, the prospect of rebuilding, what they can, they know can do. professions will continue to the neighborhoods. many fear
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they will become active. most them riley's and that wireless with spiral. and that does it for today. it is based on the region on our website. we're back here tomorrow at the same time. so you then, by the end we've been going is great for investing the theme, the fees. everyone here just wants to get into bit calling because they are known as bit queen arrows. investors from all over are moving to latin america in search of been going treasure. nowhere is the crypto currency valued more highly than here . the queen in latin america starts august 18th on d. w. the one to know what's going on in rhodes. now,
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a group of friends is getting ready for an unforgettable mind. someone is in wiring . this beauty, this is rhodes. now. now is the time for you to book your trip to rhodes. rhodes. once you love is the china won't release youth unemployment figures anymore. aging says it wants to reconsider how it comes to the numbers, but investors and local 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 war in ukraine mount and russia. welcome to the shell. to upon the tomb bellow
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to china has stopped releasing use unemployment figures. bingeing says it is reconsidering how it calculates 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. b james latest move has left investors concerns about data transparency and china. the decision was really cute on social media. it is the latest warning sign. the beijing 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, such a.

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