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RE: LeoThread 2025-01-03 09:38

in LeoFinance20 days ago

Part 2/8:

However, this optimistic outlook sharply contrasts with the everyday realities faced by Chinese citizens. Widespread public outrage erupted as many took to social media to mock Xi’s claims, expressing skepticism about government statistics that suggested an urban unemployment rate of only 5.1%. Critics argue that the effective unemployment rate may exceed 50%, especially among those over 45, underscoring a growing disconnect between the government's narrative and the lived experiences of ordinary citizens.

Economic Discontent and Unraveling Social Fabric