China's Economy Slows in Q4 with High Youth Unemployment and Shrinking Population
• China's Q4 GDP growth misses expectations at 5.2% • Unemployment data shows 14.9% jobless rate for ages 16-24 • December unemployment rate in cities was 5.1% • Retail sales and industrial production also missed forecasts • Population declined by over 2 million people in 2023 to 1.41 billion