their yough unemployment rate sure is rising, it sure ain't great to be young Chinese looking for job now

https://www.nytimes.com/2023/08/15/business/china-youth-unem...

https://www.nippon.com/en/in-depth/d01203/

https://www.reddit.com/r/dataisbeautiful/comments/1pedov5/oc...

also there are salary paycuts for people who already have work, my Chinese clients tried this, but not gonna accept it, I will rather lose such client than lower my rate, I am losing money by not increasing my rates over many years already despite huge EU cummulative inflation and EU salaries growth

by my experience visiting country after almost 10 years last year just by looking at salaries, restaurant prices, real estate prices/rent their economy seems to be stagnating in last 10 years, restaurant meal cost pretty much same as 10 years ago, same goes for entry level salaries like waitress, cook and other you can see in street

they are getting stronger overall, though doesn't seem like middle class is benefiting from it, my CN family bought apartment many years ago and they would have problem to sell it for same price, let alone make any profit on it