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Job hunting in China's slowing economy

by Jennifer Pak
Aug 15, 2022
The unemployment rate is high among young Chinese graduates. What does it take a get a job in such a tough economy?
A busy Shanghai job fair in 2018. Since then, unemployment among 16- to 24-year-olds has steadily climbed, reaching 19.9% last month.
Charles Zhang/Marketplace
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About 200 Chinese firms are at risk of getting kicked off the Nasdaq and NYSE

by Jennifer Pak
Aug 3, 2022
The companies must let American regulators inspect their financial audits, a fight that stretches over 20 years.
The Luckin coffee chain was initially seen as a high-tech Starbucks killer before it was forced to delist from the Nasdaq over fraud charges.
Charles Zhang/Marketplace
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Should the U.S. try to restrict high-tech American companies from investing in China?

by Sabri Ben-Achour and Jarrett Dang
Aug 2, 2022
The proposal is part of a larger competition package being considered in Congress.
A measure being considered in Congress proposes establishing a mechanism to review, and possibly restrict, some American companies from investing in China.
cbarnesphotography/Getty Images
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Taiwan has leverage in U.S.-China standoff: semiconductors

by Matt Levin
Aug 1, 2022
Decades of investment and training in tech have helped Taiwan build a so-called silicon shield.
TSMC produces more than 90% of the world’s advanced semiconductors.
Sam Yeh/AFP via Getty Images
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Why is there a real estate crisis unfolding in China?

by David Brancaccio , Jennifer Pak and Jarrett Dang
Jul 29, 2022
Massive debt amongst property developers like Evergrande have led to incomplete buildings and angry homebuyers.
"Property developers have run out of money." said Jennifer Pak, Marketplace's China Correspondent.
LIU JIN/AFP via Getty Images
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Fans in China bemoan the departure of Airbnb and Kindle

by Jennifer Pak
Jul 26, 2022
Loyal users of the companies say they didn't try hard enough to acquire users in addition to making basic missteps.
A subway commuter in Shanghai uses a Kindle in July.
Charles Zhang/Marketplace
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Why is China reducing its U.S. debt holdings?

by Lily Jamali
Jul 19, 2022
China cuts it U.S. debt portfolio to under $1 trillion, possibly to support its currency or reduce exposure to potential U.S. sanctions.
One reason China may be shedding U.S. Treasurys is to control the depreciation of its currency, the yuan, which has lost value as the dollar has strengthened.
Olivier Douliery/AFP via Getty Images
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COVID-19

Shanghai's lockdown has eased, but businesses are still tallying the costs

by Jennifer Pak
Jul 14, 2022
Shanghai's lockdown crippled supply chains and logistics. Materials and transport costs climbed, and there have been personal struggles too.
Authorities put barriers around Shanghai streets to enforce the severe lockdown in the spring.
Charles Zhang/Marketplace
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Biden's tariff choice: Cut them in hopes of easing inflation or keep them as leverage against China

by Lily Jamali
Jul 5, 2022
The Treasury secretary and the trade representative disagree on the issue.
President Biden could reportedly make a decision about rolling back tariffs on some Chinese goods as soon as this week. In his Cabinet, opinions on the issue differ.
Brendan Smialowski/AFP via Getty Images
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A quarter-century after the handover, is Hong Kong still attractive as a business hub?

by Jennifer Pak
Jun 29, 2022
Crackdowns by Beijing and severe COVID restrictions have undermined its status. Friday marks the anniversary of the transfer of control.
The Hong Kong skyline at sunset. The territory has seen security crackdowns and severe COVID restrictions, and many residents have left in recent years. Friday marks 25 years since its return to Chinese rule.
Anthony Kwan/Getty Images
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