The mainstream media in Australia, especially the Left papers, have a love affair with communist China, and are not covering any weaknesses in their economy, and there are many, especially the Chinese financial system. But, there are other fundamental problems too. China is facing a youth unemployment problem to dwarf any country one cares to name. China’s official youth unemployment rates were 20.8 and 20.4 percent in May and April 2023. This is almost four times the overall unemployment rate of 5.2 percent. Further, the youth unemployment rate is double the level of young unemployment just before pandemic measures were instigated, so Covid is not the explanation. Hence, one in every five 16- to 24-year-olds seeking work in urban areas are unemployed. And that figure needs to be viewed in the context of youth who are not seeking work, but living with their parents, probably playing video games to pass the time, something deeply offensive to the CCP.
And, unemployment is expected to get worse. As always, when leaders face such a massive problem, they look for easy answers, and war is going to be communist China’s response, as well as invasion. As well, millions of young men do not have female a partner due to the lack of girls because of the one child policy. That too is an incentive for war and invasion.