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March 27, 2026
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Retail

Why China’s high unemployment is bad news for luxury

October 30, 2020

China has prioritized GDP growth over unemployment, while official statistics minimize this by offering an unreliable snapshot of China’s unemployment data. Image credit: Shutterstock China has prioritized GDP growth over unemployment, while official statistics minimize this by offering an unreliable snapshot of China’s unemployment data. Image credit: Shutterstock

 

By Adina-Laura Achim

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