The Impact of Youth Unemployment in China

Youth unemployment in China is now higher in percentage terms than it is in Italy. Peter Zine: Young people in China don't want to work in manufacturing. He says the labor force is no longer right skilled for what the Chinese are actually decent at. The last time the Chinese had this sort of disconnect between labor quality and the economic structure of the economy overall, a lot of very young people who thought they were going into knowledge businesses suddenly discovered those jobs weren't available.