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China Unemployment Surges - Joe Blogs
In this video I discuss the recent surge in unemployment in China which alongside the ongoing Economic Problems, Ageing Population and Low Retirement Age are causing major problems for the Chinese Authorities. The cost of funding Pensions and Healthcare in China is forecast to increase dramatically and rising unemployment and the declining population are making it very difficult for China to be able to balance the books.
Chapters:
0:00 Intro
0:16 UNEMPLOYMENT
3:08 AGE
4:23 POPULATION
6:22 HEALTHCARE
7:50 RETIREMENT
10:13 SUMMARY & CONCLUSION