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Interpreting the Recent Central Financial and Economic Affairs Commission Meeting

Pekingology

CHAPTER

The Impact of COVID on Youth Unemployment

In the first quarter, real income growth was just under 2%. 2019 it was 5%. You died back three years previously it was averaging around 9%. So this is kind of a structural and cyclical trend. It's improving but it's definitely not catching up to what it was before COVID.

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