🔴 #China has stopped releasing youth #unemployment figures, which were seen by some as a key indication of the country's #slowdown

In June, #China's #jobless rate for 16 to 24 year olds in urban areas hit a record high of more than 20%

The country's central bank also cut the cost of borrowing on Tuesday in an attempt to help boost growth

Official figures published on Tuesday showed #China's overall #unemployment rate had risen to 5.3% in July

🇨🇳#ChinaCrashLooming🇨🇳
https://www.bbc.co.uk/news/business-66506132