China Releases New Youth Unemployment Rate Showing Improvement, But Doubts Persist on Data Reliability and Economic Health
• China has resumed reporting youth unemployment figures using a new methodology after withdrawing them months ago • The new January youth unemployment rate appears significantly better than the previous release • The new numbers have done little to reduce skepticism about the reliability of Chinese economic statistics • There is also continuing doubt about the actual health of China's economy • The new youth jobless rate was released along with China's monthly published economic data