'China Dream' Fading in Richest Cities

The video explores the economic challenges in China, focusing on wage declines in major cities like Shanghai and Beijing, job cuts in prestigious sectors such as banking and tech, and the financial struggles of civil servants. It highlights the broader societal impacts, including older workers facing longer hours for less pay, and the limitations of available labor market data.

What is the situation regarding older workers in the current job market?

How has the unemployment data for the youth population in China been characterized?