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Deflation in China’s economy ‘worst in wholesale price housing, exports plummeting, youth unemployment’ The Chinese economy showed signs of deflation as youth unemployment was at its worst due to a drop in wholesale prices for urban housing and a plunge in exports, and a diagnosis was made that a “quick transition” in economic policy was not possible. Exports from China fell particularly sharply..

As China is an export-dependent economy, the growth rate gradually slowed as retail sales fell due to the increase in youth unemployment. In China, retail sales grew from 3.9% in November to 1.7% in December, and the economic growth rate slowed from 18.3% in the first quarter of last year to 7.9% in the second quarter, 4.9% in the third quarter, and 4.0% in the fourth quarter. According to the N..

President Moon Jae-in said at the cabinet meeting on the 6th that the 'expansion fiscal policy' was "a significant contribution to easing the income gap, improving distribution and increasing the growth rate", but the Ministry of Employment and Labor reported on the 5th that it was a third of last year's fiscal job project, which was 33 trillion won. It was negatively evaluated that this improve..

As employment was reorganized to focus on simple labor jobs, Deputy Prime Minister Hong Nam-ki revealed that the digital economy was accelerated in the recovery of the economy, and the growth of classification was deteriorating. In April, most of the employed (652,000) were reorganized from simple labor to those in their 60s or older, and simple labor became the highest in the increase rate (13...

The administration diagnosed early growth due to high exports in March, and the National Assembly predicted a strong won in continuing high unemployment. The Ministry of Trade, Industry and Energy continued to maintain a surplus for 11 consecutive months with exports of $53.8 billion, an increase of 16.6% compared to the previous year, and imports of $49.95 billion, an increase of 18.8% and trad..

Due to the rapid surge in the capital power of the stock V rebound, a sharp decline in daily workers has become a reality at the worst of unemployment for women and youth. The number of unemployed in January was 1.57 million, a sharp increase of 417,000 (36.2%) from the same month last year, and the unemployment rate for women in the past year was 1.7% higher than 5.0% for men, recording 6.7%, a..