The country is not just facing record-high levels of youth unemployment - more than 20% of 16-24 year olds in urban areas at the latest count. It is also facing growing discontent among many young people about the type of work they can find, often involving long hours, no overtime pay, and insecure contracts. It is prompting some to opt out of the rat race altogether. And many experts think the current problems aren't just prompted by the global slowdown. They're structural. Even the government's economic advisors think it may be time for a new economic plan if China is to avoid years of stagnation. That change could slow and painful though. Will Xi Jinping and the country's other Communist Party leaders go for it?Produced and presented by Ed Butler. (Image: College students choose jobs at a job fair for 2023 graduates in Huai 'an City, East China's Jiangsu Province. 01/07/23. Photo credit: CFOTO/Future Publishing via Getty Image)
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Folge vom 15.08.2023China's rising youth unemployment: Part 2
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Folge vom 14.08.2023China's rising youth unemployment: Part 1Is trouble brewing for the world’s second largest economy? China’s exports are down, the property market’s creaking, and millions of young people - more than one in five - are officially classed as unemployed. It's not just the lack of jobs, it's the quality of employment that's now on offer - much of it informal in sectors like hospitality or food delivery. In the first of two programmes assessing the economic challenges, Ed Butler asks, what's gone wrong?Produced and presented by Ed Butler.(Image: A job-seeker look for employment at a job fair for college graduates in Nanjing in east China's Jiangsu province in Feb 2023. Credit: ZHONG NAN / Feature China/Future Publishing via Getty Images)
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Folge vom 11.08.2023Business Daily meets: The rum distillersPaul and Jacine Rutasikwa tell us how they turned a side hustle into a full-time business.In 2017 they moved their family from London to Scotland to set up their distillery, creating an African-Scottish business.Presenter/producer Dougal Shaw. (Image: Paul and Jacine Rutasikwa. Credit: BBC)
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Folge vom 10.08.2023Business Daily meets: Mattel's CEOYnon Kreiz explains how they transformed Barbie, the well-loved and sometimes controversial doll, into a movie.The boss of one of the world's biggest toy companies also talks about the need to bring more diversity into the Barbie brand, and expand products beyond the toy aisles. Presenter/producer: Dougal Shaw(Image: Margot Robbie as Barbie and Ryan Gosling as Ken in a still from the movie. Credit: Warner Bros. Pictures)