Coronavirus: China faces historic test as pandemic stokes fears of looming unemployment crisis

This is the first in a series of six stories exploring the causes and consequences of the domestic unemployment crisis China may face following the coronavirus pandemic. This story examines the scope of the nation’s looming jobless problem and the challenge it poses to the ruling Communist Party.Years of social progress in China are at risk of being undone as the country grapples with the economic fallout of the coronavirus pandemic, a black swan event that has lashed the world’s second biggest…

Read the original article at South China Morning Post