Young Chinese are getting paid to be 'full-time children' as jobs become harder to find | CNN Business - eviltoast

A thread yesterday had a variety of people asking if the unemployment is lower because the youth are well cared for.

Please click through and read for additional context. Families are helping. Parents age and are not a long-term plan except for the most unusually wealthy.

Please remember: China is nominally communist. Functionally, they are capitalists with an usual side of excess infrastructure spending. A strong central government doesn’t make a country communist.

Their land use rules… that makes them communist-ish. But that’s a small part of a far larger picture.

  • 133arc585@lemmy.ml
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    1 year ago

    It seems you’re right. I will edit that part of my comment. But I will point out: I wasn’t making a statement that one was worse than the other. I made the point that they’re similar in ranking and like I said, even if you reverse ranking order they’re still just as similar. And, since they were middling in their ranking like I originally said, if you invert the sorting, they’re still middling.