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2024

China must do more to lift employment, stabilise housing market: officials

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Beijing (AFP) Mar 9, 2024
China needs to do more to boost employment and stabilise its property market, top officials acknowledged on Saturday, as policymakers struggle to revive the country's battered economy. Beijing is grappling with a prolonged property sector crisis, record youth unemployment and a global slowdown hammering demand for Chinese goods. Youth unemployment hit an unprecedented 21.3 percent in mid














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