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What China Isn’t Telling the World About Its Economy

By Ilene
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Beijing stopped releasing youth unemployment figures in its latest attempt to play down negative trends as growth stalls, and global concerns grow.

By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Lauren Hirsch and Ephrat Livni

China released more bad economic news on Tuesday, but it was the number that wasn’t included in the official data dump that stood out: Beijing said it would stop publishing figures for youth unemployment, weeks after it hit a record high of 21.3 percent in June.

The decision may be temporary, but it will only make it harder for investors to know what’s happening in the country — and that may be the point…

More here (no paywall) >

This post was originally published on this site

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