How China's economy is failing young people

ABC News Daily - A podcast by ABC

It’s no secret that China’s economy has taken a hit since COVID, but what the government doesn’t want you to know is the number of young people who can’t find a job.  Midway through the year, the youth unemployment rate hit a record high and now Beijing is refusing to even publish the figures. Today, Chinese-American economist Nancy Qian explains why 16 to 24 year olds in China are increasingly frustrated and what that means for the nation’s stability.  Featured:  Nancy Qian, economist at Northwestern University