Why China’s Youth Are Giving Up

Dear Reader, For years, China told its people that the West was in decline and boasted that it was the economic engine of the world … But the truth on the ground tells a very different story. According to The Wall Street Journal, more than one in five young people in China is jobless. Factories up and down the country remain empty as young workers refuse to take low-paying factory jobs. It’s a symptom of a much larger challenge for them: China’s been on an upward trend for over 40 years and now, suddenly, a dramatic reversal is happening. Hundreds of billions of dollars in foreign investment is pulling out of China … as companies like Apple (AAPL), Volkswagen (VWAGY), Stanley Black & Decker (SWK)and more seek greener pastures. Where is all the money going? And why does our data show this could unlock a $2 trillion opportunity in the next 18 months for American investors? Click here to find out. Sean Brodrick, Analyst, Weiss Ratings 11780 US Highway 1, Palm Beach Gardens, FL 33408-3080 Would you like to edit your e-mail notification preferences or unsubscribe from our mailing list? Copyright © 2023 Weiss Ratings. All rights reserved.