Chinese economic statistics have never been entirely reliable, but the last reported number for urban youth unemployment we have is 21.3% (it may actually be closer to 50%).

Beijing has been working to establish itself as a market economy under the WTO framework, but U.S., EU say "serious imbalances" in China's state-directed economy remain GENEVA—China has taken ...

The genius of China’s former leader Deng Xiaoping was to move the country, beginning almost 50 years ago, from a state-directed economy toward global capitalism. This economic opening allowed China to ...