Get latest articles and stories on World at LatestLY. China s economy is slow and it no longer satisfies the aspirations of upward mobility. The educated unemployment percentage is getting higher and higher and at the same time the economic rate is going down. Beijing s old economy seems to be reaching its limits: both Chinese and foreign manufacturers are offshoring their factories, and the construction sector, which once led demand, is facing an oversupply crisis. World News | Social Discontent Rises Among Chinese as Economy Falls: Report.
Chinese people continued to face difficulty as the economy of the country is falling, ramping up the risk of social unrest in the nation, Global Strat View reported citing the World Economic Forum s (WEF) economic outlook.